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Optus faces $100 million fine over sales tactics; US central bank decision due on interest rates
Optus is facing a $100 million fine after it admitted that its sales staff acted unconscionably when selling phones and contracts to over 400 consumers at 16 different stores across Australia between August 2019 and July 2023. Source: AAP, SBS
Australian markets fall ahead of a US Federal Reserve meeting on interest rates – as oil continues its rally. Perpetual Limited’s head of investment strategy, Matt Sherwood joins Rhayna Bosch with the details. Plus - Optus faces a $100 million fine, one of the largest consumer law penalties in Australian history. Stephanie Youssef speaks with Australian Communications Consumer Action Network CEO Carrol Bennett about the significance of the development.
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