Chalmers delays ATO credit card ban | ABC News Top Stories
Episode 1 min 39s

Chalmers delays ATO credit card ban | ABC News Top Stories

A ban on credit card payments to the Australian Taxation Office will be delayed until June 30, with the federal government agreeing to temporarily cover the cost of surcharges after pressure from businesses. Treasurer Jim Chalmers says the funding will give the ATO more time to consult with businesses and get it right. AI data centre company Firmus has withdrawn its application to list on the ASX, scrapping what was set to be one of Australia's biggest share market floats. The company cited recent market volatility and conditions, saying the offer would not appropriately reflect its long-term growth prospects. Powderfinger, one of the most celebrated acts in Australian music history, have confirmed they are reforming 16 years after breaking up. In a video posted to the band's social media, frontman Bernard Fanning said they would do some shows around Australia from September 2027. Press the 'Follow' or '+' button on this show page to add us to your playlist, so you never miss an episode. For more news, politics and current affairs podcasts go to ABC listen.

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