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RBA Glossary definition for GST

GST – Goods and Services Tax

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List of tables | Issues for the 2007/08 Review – May 2007

9 Mar 2023
EFTPOS. The price of establishing a standard direct connection with another participant must not exceed a benchmark published by the Reserve Bank, currently $78,000 (ex GST). ... Table 3: Credit Card Interchange Fees. Exclusive of GST. Pre-reform. 31 Oct
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-issues/tables.html

Issues for the Review | Review of Card Payments Regulation

9 Mar 2023
Table 1: Interchange Fees. (a). Excluding GST; as at February 2015.
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/issues-for-review.html

Restrictions on Merchant Pricing | I A Consultation Document

9 Mar 2023
Cabcharge, which was the first non-cash payment method to be offered in taxis in Australia, incurs a 10 per cent fee (including GST). ... The ACCC notes that this situation is not analogous to GST pricing where the GST component must be included in the
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ia-consult-doc/restriction-merchant-pricing.html

Introduction | Reform of Credit Card Schemes in Australia: II Commissioned Report

9 Mar 2023
11 percent is equal to a ten percent charge by Cabcharge plus GST of ten percent of the ten-percent charge.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ii-commissioned-report/welfare-analysis.html

List of tables | Preliminary Conclusions of the 2007/08 Review – April 2008

9 Mar 2023
EFTPOS. The price of establishing a standard direct connection with another participant must not exceed a benchmark published by the Reserve Bank, currently $78,000 (ex GST).
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-pre-conclusions/tables.html

The Co-Regulatory Approach to EFTPOS Access | Reform of Debit Card Systems in Australia: A Consultation Document – December 2005

9 Mar 2023
A 2004 survey undertaken by APCA of estimated connection costs indicated that the institution with the lowest connection costs could provide a connection for $78,000 (excluding GST).
https://www.rba.gov.au/payments-and-infrastructure/debit-cards/consult-doc-dec05/the-co-regulatory-approach-to-eftpos-access.html

Developments in the Card Payments Market | Review of Card Payments Regulation

9 Mar 2023
acquirer. This range excludes the rate for charities, which is zero. All interchange rates quoted in the paper are excluding GST.
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/developments-card-payments-mkt.html

Excessive Surcharging | Review of Card Payments Regulation – May 2016 | Conclusions Paper | Submissions

9 Mar 2023
These contracts typically provide for adjustment of the contractual financial terms in the event of changes to taxation (GST) arrangements, so the parties may be also able to reach agreement on
https://www.rba.gov.au/payments-and-infrastructure/review-of-card-payments-regulation/conclusions-paper-may2016/excessive-surcharging.html

Restrictions On Entry | I A Consultation Document

9 Mar 2023
The entry fee has been reduced to a flat fee of $66,000 (inclusive of GST), which is stated to be comparable with entry fees in the international credit card schemes.
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/ia-consult-doc/restrictions-entry.html

The Board's Reforms and the Central Issues | Reform of Australia's Payments System: Conclusions of the 2007/08 Review – September 2008

9 Mar 2023
EFTPOS. The price of establishing a standard direct connection with another participant must not exceed a benchmark published by the Reserve Bank, currently $78,000 (ex GST).
https://www.rba.gov.au/payments-and-infrastructure/payments-system-regulation/past-regulatory-reviews/review-of-card-payment-systems-reforms/review-0708-conclusions/the-boards-reforms-and-the-central-issues.html