🇦🇺Australia

Centrepay Non-Compliance Fines

1 verified sources

Definition

Mandatory acceptance of Centrepay from 2 March 2026 for eligible tenants; failure risks penalties from NSW Fair Trading, with registration required if tenants opt-in.

Key Findings

  • Financial Impact: AUD 1,100 minimum penalty unit per serious breach
  • Frequency: Per non-compliant tenancy
  • Root Cause: Manual processes unprepared for new payment method reconciliation

Why This Matters

The Pitch: Landlords in Australia face AUD 1,100+ fines per breach for Centrepay refusal. Automated integration ensures compliance and avoids penalties.

Affected Stakeholders

Landlords, Agents

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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