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Surcharge ban hits an impasse - 'I don't see a scenario where it gets passed before the election'

Surcharge ban hits an impasse - 'I don't see a scenario where it gets passed before the election'

A real-time domestic payments network could provide 'a better and cheaper alternative' to Visa and Mastercard

A real-time domestic payments network could provide 'a better and cheaper alternative' to Visa and Mastercard

Stats NZ reports that spending on discretionary items helped drive the $239 million seasonally-adjusted rise in sales volumes in the December quarter

Stats NZ reports that spending on discretionary items helped drive the $239 million seasonally-adjusted rise in sales volumes in the December quarter

Retail NZ says while there is slightly more willingness by households to pull out the wallet, 'shoppers are remaining cautious about how much they are spending'

Retail NZ says while there is slightly more willingness by households to pull out the wallet, 'shoppers are remaining cautious about how much they are spending'

Westpac senior economist Satish Ranchhod says there's been an encouraging lift in discretionary spending, with particularly large increases in spending in the hospitality sector, as well as increased sales of furnishings and other household durables

Westpac senior economist Satish Ranchhod says there's been an encouraging lift in discretionary spending, with particularly large increases in spending in the hospitality sector, as well as increased sales of furnishings and other household durables

Retail NZ says the Black Friday-led surge in sales in November did not continue into December and believes retailers will 'be bracing for a possible rocky few months ahead of them'

Retail NZ says the Black Friday-led surge in sales in November did not continue into December and believes retailers will 'be bracing for a possible rocky few months ahead of them'

Commerce and Consumer Affairs Minister Scott Simpson says full surcharge ban would provide better checkout experience for customers, ban could extend to online transactions in future

Commerce and Consumer Affairs Minister Scott Simpson says full surcharge ban would provide better checkout experience for customers, ban could extend to online transactions in future

Stats NZ reports a $472 million inflation-adjusted, seasonally-adjusted increase in volume of retail sales in September quarter with the increase dominated by rises in electronic goods and motor vehicle sales

Stats NZ reports a $472 million inflation-adjusted, seasonally-adjusted increase in volume of retail sales in September quarter with the increase dominated by rises in electronic goods and motor vehicle sales

Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead

Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead

Electronic cards data for October shows that apart from rises in fuel and consumables spending, seasonally adjusted retail spending was on a downward path again

Electronic cards data for October shows that apart from rises in fuel and consumables spending, seasonally adjusted retail spending was on a downward path again

The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth

The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth

David Cunningham argues banning ‘tap and go’ payment surcharges is a terrible idea without some other big changes first

David Cunningham argues banning ‘tap and go’ payment surcharges is a terrible idea without some other big changes first

Worldline NZ chief executive says growing dominance of contactless payments ‘risks undermining local payments infrastructure and the resilience' of NZ’s financial system as increasing number of transactions are processed overseas

Worldline NZ chief executive says growing dominance of contactless payments ‘risks undermining local payments infrastructure and the resilience' of NZ’s financial system as increasing number of transactions are processed overseas

ACT Party proposes surcharge ban amendment but Commerce and Consumer Affairs Minister says it would 'worsen and over-complicate' things and the shelf price should be the checkout price

ACT Party proposes surcharge ban amendment but Commerce and Consumer Affairs Minister says it would 'worsen and over-complicate' things and the shelf price should be the checkout price

Electronic cards data for September shows that after three consecutive months of gains, seasonally adjusted retail spending fell again

Electronic cards data for September shows that after three consecutive months of gains, seasonally adjusted retail spending fell again