44 hours ago
Macquarie Bank to pay $14m penalty after confusing ‘welcome rate’ promotion
What's happening
SignalsMonitor is following this as a markets story. The Guardian World is the outlet attached so far. The first report grouped here was at 11 Nov 2026, 01:23 UTC. The headline in use is “Macquarie Bank to pay $14m penalty after confusing ‘welcome rate’ promotion”. This note is SignalsMonitor's own briefing, not the publisher's article.
What we know
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”…
Story timeline
Reports grouped into this story, earliest first. Exact repeats from the same outlet are collapsed.
- First reported by The Guardian World
Macquarie Bank to pay $14m penalty after confusing ‘welcome rate’ promotion
Reported by 1 outlet
- The Guardian