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Australian influencers are promoting luxury car loans to their young audiences — and they may be violating ACCC guidelines – Business Insider Australia

Just before New Year’s Eve, Mitch Third was celebrating.

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  • Australian influencers are posting about a luxury car loan company along with photographs of them with flashy, new luxury vehicles.
  • But the relationship between the company and the influencers is not clear, with both parties interacting but without obvious disclosure.
  • Promotion of luxury car loans without including balanced information, or using ephemeral services like Instagram Stories, may violate the Australian consumer watchdog’s suggested guidelines for advertising financial products.
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