Harvey Norman and Latitude Face Record $55M Fine Over Misleading ‘Interest-Free’ Ads
In a landmark ruling, the Federal Court of Australia has ordered Harvey Norman and Latitude Finance Australia to pay a combined $55 million in penalties for misleading advertising of ‘interest-free’ finance offers. Harvey Norman will pay $35 million, while Latitude Financial will contribute $20 million. The case, pursued by the Australian Securities and Investments Commission […]