Carolyn Young: Retail NZ CEO on ACT confirming the Government's hit pause on the surcharge ban
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to Cart failed.
Please try again later
Add to Wish List failed.
Please try again later
Remove from wish list failed.
Please try again later
Follow podcast failed
Unfollow podcast failed
Carolyn Young: Retail NZ CEO on ACT confirming the Government's hit pause on the surcharge ban
-
Narrated by:
-
Written by:
About this listen
Labour may still hand a lifeline to the Government's much-touted surcharge ban.
The policy was announced with much fanfare last year - with Minister Scott Simpson promising it would be in force by May.
But he now says the bill's on pause, after David Seymour confirmed ACT won't back it.
National's now hoping for Labour's support for it to pass, with the Opposition keen to see amendments made so retailers don’t bear the costs of the payments themselves.
Retail NZ's Carolyn Young says she think's it's unlikely the banks can be forced to absorb them.
"If they can get the banks to absorb the fees, that would be a great outcome."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
No reviews yet