Daily Archives: August 16, 2012

ASIC bucks RAMS for “misleading” advertising

There was an article in The Australian Broker Online and it stated that RAMS is the latest casualty on ASIC’s hard-line stance on misleading advertising. The Westpac-owned brand was forced to change its high interest Saver account campaign after ASIC raised concerns over misleading information on the advertised 0.8% bonus rate. According to ASIC, the […]

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Symond “worried” customers clueless over rates

In an article in The Australian Broker Online it stated that Aussie’s John Symond is concerned about fresh data showing a third of Australians don’t know their own interest rate. The results of the Aussie – backed survey also suggests a third of investors were just as clueless over interest rates on mortgages. They survey […]