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Macquarie admits ‘bonus’ savings rate failure, agrees to pay $14 million | News.gg

Wednesday, November 11, 2026Coverage from every side, on News.ggInternational Edition

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Published 22 hours ago · The Age · Updated 17 hours ago

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

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The corporate regulator said customers should not have to scrutinise every transaction and that Macquarie had failed to prevent confusion to customers.

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The AgeFactualityFactuality is a Premium featureHow reliably the outlets covering this story report facts, based on their track record of accuracy and corrections.

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Lean LeftBased on the outlet's overall lean; article framing check pending

Macquarie admits ‘bonus’ savings rate failure, agrees to pay $14 million

The corporate regulator said customers should not have to scrutinise every transaction and that Macquarie had failed to prevent confusion to customers.

By Millie Muroi · Nov 11, 2026, 12:14 AM UTC

Read full article at The Age

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1 Article

The AgeFactualityLean Left
Macquarie admits ‘bonus’ savings rate failure, agrees to pay $14 million
The corporate regulator said customers should not have to scrutinise every transaction and that Macquarie had failed to prevent confusion to customers.
22 hours ago · theage.com.au · You are reading this one

Coverage Details

Total News Sources: 12
Leaning Left: 5
Leaning Right: 4
Center: 1
Last Updated: 17 hours ago
Bias Distribution: 50% Left

Bias Distribution

• 50% of the sources are Left

L 50%

10%

R 40%

The AgeLean Left · theage.com.au

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Bias ratings are News.gg assessments of each article's wording compared with other outlets covering the same story.