The Age: MasterCard swipes at RBA

Melbourne’s The Age reports on the contention between MasterCard and the Reserve Bank of Australia with respect to the court case on the RBA’s reform of the Australian credit card system.

The MasterCard and Visa International court challenges to the reforms, which threaten to reduce income to their member banks by as much as $400 million before offsetting measures, are being run separately but heard in tandem.

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