Central Banking

RBA Press Release

PRESS RELEASE - Reform of credit card schemes in Australia, 19 September.

On 27 August 2002, the Reserve Bank of Australia released its final reforms to credit card schemes in Australia. The reforms will promote greater transparency, efficiency and competition in the Australian payments system, to the benefit of the Australian community as a whole. The reforms were developed after consideration of a large number of submissions and extensive consultation with a wide range of interested parties

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