Chris Zappone The Age March 10, 2011
Consumer activists say recent comments from Westpac and ANZ suggest they don't know the underlying costs for overdrawn accounts - potentially embarrassing admissions as the banks fight a class action suit on unfair fees.
16 December 2010
Maurice Blackburn announced in May 2010 that it intended to sue 12 Australian banks for charging customers unfair fees. These fees include honour and dishonour fees on bank accounts, as well as over limit fees and late payment fees on credit cards.
Lawyers Weekly 29 November, 2010
Slater & Gordon has this week filed a claim against Southern Cross Equities on behalf of a couple who lost a portfolio worth more than $25 million during the collapse of Opes Prime.
Chris Zappone Sydney Morning Herald September 22, 2010
Activist groups have joined forces to push for bank industry reforms, using a campaign around bank penalty fees as the launching pad for a longer-term effort to restrain the financial institutions' power.