McKinnon Financial Services

Economy

Changes to excessive surcharges on credit & debit cards - what it means to businesses & consumers

Ever booked a holiday, hotel room, concert tickets? No doubt if you paid by a credit card you may have been slugged with a fee or surcharge above the normal costs incurred by the business in providing the service. As of 1st September, 2016 a new law has been introduced prohibiting large businesses to charge excessive fees on purchas...

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McKinnon Financial Planning Pty Ltd ABN 74 155 233 784 Australian Financial Services Licence 417488 | McKinnon Financial Services Pty Ltd ABN 82 056 817 648 Australian Credit Licence 392173 | General Advice Warning: Information contained in the pages of this website is of a general nature only and has not taken into account your particular circumstances. You should consider whether any strategies and or investments mentioned in this website are suitable for you and seek personal advice from a licenced investment adviser before making any investment decision.