Asic says customers should not have to check every transaction to ensure they receive the correct interest Get our breaking news email , free app or daily news podcast Macquarie Bank is set to pay a $14m court-imposed penalty after it admitted to breaking the Corporations Act with its “welcome rate” promotions. The penalty comes amid a crackdown by Australian Securities and Investments Commission over complex savings conditions that risk short-changing consumers grappling with the cost of living. Continue reading...
Macquarie Bank to pay $14m penalty after confusing ‘welcome rate’ promotion
Source: The Guardian
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The Guardian
Underworld figure Mick Gatto gave CFEMU official gold bracelet after construction site assault, Big Build royal commission told
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The Guardian
Foo Fighters interrupt Sydney concert to pay tribute to Beaconsfield miner Todd Russell
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