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Optus faces $100 million fine over sales tactics; US central bank decision due on interest rates

Optus faces $100 million fine over sales tactics; US central bank decision due on interest rates

SBS On the Money
14 min
18 Jun
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About the episode

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.