Latest / The Front / Tax Office accidentally creates a points bonanza
Transcript
- 0:01Speaker 1: Today's biggest news from the Australian. I'm Claire Harvey with
- 0:04Speaker 1: the front's afternoon headlines. Looks like the Australian tax office
- 0:10Speaker 1: has accidentally created a points bonanza for credit card users.
- 0:14Speaker 1: The ATO has banned credit card payments, but the change
- 0:18Speaker 1: won't come into effect until mid next year. After a
- 0:21Speaker 1: wild business backlash prompted the government to say it'd delay
- 0:25Speaker 1: the change and and pay the card surcharge that individual
- 0:29Speaker 1: taxpayers previously got hit with. That surcharge meant it often
- 0:33Speaker 1: didn't make sense to pay on card because any points
- 0:36Speaker 1: you gained would be cancelled out by the surcharge. Now
- 0:40Speaker 1: that the government said it'll put that cost onto taxpayers,
- 0:43Speaker 1: there are predictions points junkies will flock to pay their
- 0:46Speaker 1: bills on plastic before the new rules come into place
- 0:50Speaker 1: next year. The ATO banned credit cards after the Reserve
- 0:54Speaker 1: Bank banned card surcharges. The tax office said it wasn't
- 0:58Speaker 1: fair to ask taxpayers to pick up the bill for
- 1:00Speaker 1: the surcharges, so it banned the cards altogether. We'll have
- 1:04Speaker 1: a deep dive on this on the front later this week.
- 1:07Speaker 1: And with senior government ministers stumbling over who knew what
- 1:11Speaker 1: and when, it's become one of the hottest political stories.
- 1:16Speaker 1: Vladimir Putin wants to hold talks to end the Ukraine war,
- 1:20Speaker 1: but doesn't want to talk to Ukraine about it. Putin
- 1:23Speaker 1: has used an October 9 phone call with Donald Trump
- 1:26Speaker 1: to suggest he, Trump and China's Xi Jinping meet in
- 1:29Speaker 1: November to talk about how to end the war. In
- 1:32Speaker 1: the days since that call, which has only just been revealed,
- 1:36Speaker 1: Trump won a deal to buy Russian diesel in order
- 1:40Speaker 1: to lower fuel prices before the midterm elections in the
- 1:43Speaker 1: United States. He also halted the implementation of sanctions on Russia.
- 1:49Speaker 1: Check out those stories live right now at theaustralian.com.au and
- 1:53Speaker 1: come back to the front first thing in the morning
- 1:55Speaker 1: for our close look at the story captivating Europe right now.
- 1:58Speaker 1: What seems like an entire generation of young French people
- 2:02Speaker 1: out on the streets in demonstrations that have blown up
- 2:05Speaker 1: from grievances about school conditions to uncontrolled mob violence and
- 2:10Speaker 1: a sweeping set of demands for social change. That's right
- 2:14Speaker 1: here Tuesday morning.