Extra cash for some Australians — and a card surcharge shake-up looms
BHP and Telstra, major Australian companies, paid out significant dividends. BHP distributed US$5 billion, while Telstra paid $1.2 billion. Meanwhile, new rules ban credit and debit card surcharges from October 1, impacting small businesses. The Reserve Bank of Australia may raise interest rates despite a rising unemployment rate, with economists predicting further hikes due to inflation.




