If it's the policy I'm thinking of, the way I read it the extra 1% only applies if you use an international credit card (i.e you are located in Australia but are using a card issued by an American financial institution for whatever reason).

Thanks. This appears to be the page discussing the fee increase, which has already taken place on the 22nd of August:

https://cms.paypal.com/au/cgi-bin/?cmd=_render-content&content_ID=ua/upcoming_policies_full&locale.x...