Martyn Adlam
Head of Investor Relations
Good afternoon, everybody. Thank you for joining our briefing today to cover the conclusion of the RBA’s review of merchant card payment costs and surcharging. I’d like to begin by acknowledging the traditional owners of the land on which we meet today, and pay my respects to elders past and present. I’d like to hand the call over to Nigel to share some comments upfront and then open to Q&A, which I will facilitate afterwards. Please note, this call is being recorded.
Nigel Lee
Chief Executive Officer
Thank you, Martyn, and thank you, everybody, for joining the call today. First of all, I’d like to say that we welcome today’s RBA announcement because it represents a win for Australian.
[Technical Difficulty]
Sorry, apologies. Look, thanks, everybody, for joining the call. And we welcome today’s RBA announcement because it represents a win for Australian core businesses through simpler and more transparent pricing. Now the changes represent a positive shift in the market towards greater transparency, stronger competition, a level playing field, and this represents an environment that plays to Tyro’s unique strengths.
Tyro is well positioned both technologically and commercially for the changes, and our proposition is well suited to the environment the RBA is creating. As investors in Tyro, you should be encouraged by the reforms that have been announced today.
Now at the same time, these reforms can and will be quite disruptive for other
