Simon Bridges: Auckland Business Chamber CEO voices concerns surcharge ban will harm small businesses

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded30 Jul 2025

Publisheromnycontent.com ↗

Handlerec:7246524

Show notes

The New Zealand Chambers of Commerce have warned that the Government’s proposed ban on retail payment surcharges risks hitting small businesses with higher costs. Simon Bridges, CEO of the Auckland Business Chamber, acknowledged that the Government was trying to protect consumers from additional fees - but voiced concerns about what this ban could do for smaller operators. He says the ban isn't a cost-free exercise - and someone will have to pay the merchant fees. "It's either going to be through price hikes that consumers may not appreciate or understand - or it's going to be the poor old SME in areas like retail, hospo, tourism that are going to be having to find a way to pay for it." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.