Macquarie faces $14m fine for savings rate failures

1 source1 article First seen 19 hours ago Updated 19 hours ago Australia Truth score 45

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Summary

Macquarie Bank has admitted to failures in the promotion of its "welcome" interest rate for new savings account customers.

Description from ABC News (Australia).

ABC News (Australia) Center Factuality: Very high AU 19 hours ago
Breaking: Macquarie faces $14m fine for savings rate failures
Macquarie Bank has admitted to failures in the promotion of its "welcome" interest rate for new savings account customers.

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45/100Limited corroboration

How well the story is corroborated by independent, reliable outlets across the spectrum. Not a fact-check of each claim. How the truth score works

Centre 100%100%