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PayDay News | Australian Payments News

RBA Payments Board faces its biggest test on October 1 as interest rates surge

Editor
29 Sep, 2026
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Warwick Ponder
Editor
29 Sep, 2026
Add us as a preferred source on Google
In the same week the RBA hiked interest rates to their highest level in 15 years, its Payments System Board is about to face the possibility of real world inflationary impacts of its surcharge "ban", with the impact of lagging account-to-account reform next in line.
RBA Payments Board faces its biggest test on October 1 as interest rates surge
The RBA’s Head of Payments Policy Ellis Connolly. Background generated by AI.

In the same week the RBA hiked interest rates to their highest level in 15 years, its Payments System Board is about to face the possibility of real world inflationary impacts of its surcharge "ban", with the impact of lagging account-to-account reform next in line.

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