Overseas players have dramatically reduced prices in Australia, said RBA.
As buy now pay later becomes more popular, the RBA is taking a closer look at surcharges.
Around 60 per cent of retailers review prices daily or weekly.
The RBA holds interest rate steady for 24th consecutive month.
Rate hike only likely after wage recovery.
Leading indicator looks bad, but signs wage growth is picking up.
RBA Governor sees light at the end of the tunnel for households.
Consumer watchdog’s ban on excessive fees comes into effect today.
Recently launched initiative urging retailers to absorb transaction surcharges met with mixed views.
New rules to cap amounts retailers can charge.