Senate debates

Monday, 22 February 2016

Bills

Competition and Consumer Amendment (Payment Surcharges) Bill 2015; In Committee

11:11 am

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Education and Training) Share this | Hansard source

Thank you for the question and the overall comments—and for allowing us all to reflect on whether or not the pot at one stage there was calling the kettle black about grandstanding. But, in relation to your question, my understanding—and correct me if I am wrong here—is that the Senate inquiry looked more at matters relating to interest rates and the costs to consumers associated with that, which is distinct from these matters around merchant fees, which stem very directly from the Murray financial services inquiry. So, in a similar way to the answer I gave to Senator Whish-Wilson about ATMs, the two are distinct issues.

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