New Daily News Podcast - The Summary
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New Daily News Podcast - The Summary

B2Upper-intermediateOctober 6, 202610 min
  • Business & money

This is the first episode of our daily news podcast, to follow and get your updates throughout the day search 'The Summary' in your podcast app, and tap the follow button. The Summary, a podcast that keeps you connected to what matters, and why. In this episode - Credit card surcharges have officially been scrapped with promises of saving consumers millions each year. But as society moves closer to becoming cashless, will axing these fees truly lower prices or force businesses to raise costs elsewhere? In this episode of The Summary, host Josh Bryant explores the true...

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Swinburne University, Professor Steve Worthington is an expert in financial services.

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B2

B2 · Upper-intermediate

Comfortable if you already follow TV news

A1 19%A2 30%B1 26%B2 22%C1 3%
  • 75% of the words are B1 or easier.
  • 166 words a minute: natural, fairly fast speech.
  • 51 harder words (B2 and up) in the whole episode.

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0:00

If you think the price of a cup of coffee or a meal out took a sudden jump in the past week, you may be right. Credit card surcharges have been scrapped with the promise of saving customers millions every year. But has it just become another hidden cost?

0:36

Businesses really don't have a choice but to pass it on. Hi, I'm Josh Bryant. It's Tuesday, the 6th of October. Welcome to The Summary. Credit card surcharges were already unpopular, especially as we move closer to a cashless society.

1:05

But while axing them makes pricing simpler, questions remain about whether it will actually save people money. Swinburne University, Professor Steve Worthington is an expert in financial services. Professor, why have businesses now been banned from passing on these card surcharges?

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