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PayDay News | Australian Payments News

RBA reforms may force Macquarie to rework its banking model

Senior Banking and Financial Services Correspondent
2 Jul, 2025
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George Lekakis
Senior Banking and Financial Services Correspondent
2 Jul, 2025
Add us as a preferred source on Google
Australia’s fastest-growing debit card issuer – Macquarie Bank – may have to overhaul parts of its business if the Reserve Bank tightens debit card regulation later this year.
RBA reforms may force Macquarie to rework its banking model
Macquarie Bank’s spectacular growth in debit card issuance since 2020 might soon face a regulatory test. Photo credit: Josh Sorenson

Australia’s fastest-growing debit card issuer – Macquarie Bank – may have to overhaul parts of its business if the Reserve Bank tightens debit card regulation later this year.

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