The Retail Industry’s Probbo Uncle Harvey Norman Is Getting Sued Over Allegedly ‘Misleading’ Ads

Harvey Norman, the retail equivalent of beetroot-stained teeth, is being sued over an allegedly “misleading” ad campaign promoting its “no deposit” and “interest-free” payment methods. I know, it’s a shock to me, as well. Who’d have thought a company that initially refused to return $6 million in JobKeeper subsidies, and also went rogue replying to former staff and customers on Twitter

ABC

“ASIC is concerned the advertising did not provide consumers with the full picture, that they could only use the interest-free payment method by applying for and using certain Latitude credit cards,” ASIC deputy chair Sarah Court said, per The Guardian.

“These credit cards, ASIC alleges, attracted substantial fees over the course of the 60-month payment term, and exposed consumers to the risks of incurring further debts and charges, as well as potentially affecting their credit rating.”’

“For example, a consumer who, during the relevant period after 16 March 2021, purchased a refrigerator with a retail price of $1,000 using the payment method … and paid the 60 monthly instalments on time, would have to pay a minimum total of $1,537 (which would include $537 of monthly account service fees over the course of the 60 month payment term),” the regulator said in court documents.

The Simpsons#BoycottHarveyNorman

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