Bank CEO is OUTRAGED

Hi Scott,
 
Another one of your predictions is coming true, with the Government planning on scrapping surcharge fees. I read in the paper today that the NAB CEO said he was horrified after he was slugged with a 10% surcharge for a coffee! Change is coming!
 
Krishna
 
Hi Krishna
 
Wake up and smell the coffee!

Up until now the Government hasn’t given a frappé-latte about the billions of dollars in surcharge fees we’ve been slugged over the years.
 
So what’s changed?
 
Albo knows he’s in more muck than a Werribee duck, and he needs to do something about the cost of living before the coming election.
 
Then there’s the (new) NAB CEO. If he meets his target this year, he’ll earn $5,000,000. Do you really think a 50 cent surcharge is enough to blow the froth off his coffee?
 
Please.
 
Look, until they ban surcharge fees, the only hope of getting around the percentage-based surcharge is (annoyingly) to pull out your card and stick it in the machine, or swipe and select ‘cheque’ or ‘savings’ to go through the EFTPOS system, which means you hopefully will be charged only 30 cents or so for the transaction.

Scott.