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Breaking: Macquarie faces $14m fine for savings rate failures

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EXECUTIVE SUMMARY

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

Key Takeaways

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

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

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Published originally on ABC News AU - Politics

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