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RBA Glossary definition for interchange fee

interchange fee – A fee paid between card issuers and acquirers when cardholders make transactions.

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Box A: Insights from Liaison

6 Feb 2024 SMP – February 2024
Box A: Insights from Liaison | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/box-a-insights-from-liaison.html

Inflation

4 Aug 2023 SMP – August 2023
Inflation | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/inflation.html

Inflation

5 May 2023 SMP – May 2023
Inflation | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/inflation.html

Box B: The Introduction of a Monthly CPI Indicator for Australia

4 Nov 2022 SMP – November 2022
Prices for the remaining 10 per cent of the basket – including property rates, education fees and private health insurance – are updated annually, which reflects the typical repricing frequency for these items.
https://www.rba.gov.au/publications/smp/2022/nov/box-b-the-introduction-of-a-monthly-cpi-indicator-for-australia.html

Inflation

5 Aug 2022 SMP – August 2022
State and local government fees and charges were little changed in the quarter.
https://www.rba.gov.au/publications/smp/2022/aug/inflation.html

Domestic Financial Conditions

6 May 2022 SMP – May 2022
Under the CLF, the Reserve Bank provides a commitment (in exchange for a fee) to provide funds (against collateral) to banks in a period of liquidity stress.
https://www.rba.gov.au/publications/smp/2022/may/domestic-financial-conditions.html

Inflation

4 Feb 2022 SMP – February 2022
Higher real estate agent fees, due to strength in the established housing market in late 2021, drove insurance & financial services prices higher in the quarter.
https://www.rba.gov.au/publications/smp/2022/feb/inflation.html

Inflation

5 Nov 2021 SMP – November 2021
Most state and local government fees and charges also increased in the September quarter, after a range of freezes and discounts imposed over the past year were ended; in aggregate they
https://www.rba.gov.au/publications/smp/2021/nov/inflation.html

Domestic Financial Conditions

5 Nov 2021 SMP – November 2021
While there had been no demand to borrow the April 2024 bond from the Reserve Bank at that point, in mid October the Reserve Bank increased the fee it charges counterparties ... Under the CLF, the Reserve Bank provides a commitment (in exchange for a fee)
https://www.rba.gov.au/publications/smp/2021/nov/domestic-financial-conditions.html

Inflation

6 May 2021 SMP – May 2021
Price rises for preschool & primary education were smaller than is typical in the March quarter, largely because of ongoing preschool fee waivers in New South Wales and Victoria (Graph 4.7). ... Tertiary education prices declined, driven by university
https://www.rba.gov.au/publications/smp/2021/may/inflation.html