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Australian small businesses could be stretched by changes to commercial credit cards

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posted on 2024-07-12, 23:23 authored by Steve WorthingtonSteve Worthington
Small to medium enterprises (SME) are increasingly relying on commercial credit cards to finance their operations, because payment terms for the businesses they supply are stretching out. But if the Reserve Bank of Australia (RBA) goes ahead with plans to include commercial cards in the new caps on interchange fees, SMEs will be even more hard pressed to make ends meet.

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The Conversation

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Copyright © 2016 The Author(s). This publication is licensed for reuse under a Creative Commons Attribution-NoDerivatives (CC BY-ND 4.0 - https://creativecommons.org/licenses/by-nd/4.0/) licence. The published version is reproduced in accordance with this policy.

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