The class action's first target in 2010 was the ANZ bank, and in December it widened its net to include the Commonwealth Bank, National Australia Bank, Westpac and Citi.
The class action's first target in 2010 was the ANZ bank, and in December it widened its net to include the Commonwealth Bank, National Australia Bank, Westpac and Citi. Kieran Salsone

At war with the big banks

THE class action against Australia's biggest banks over late payment fees has escalated, with lawyers this morning in Sydney drawing two more banks into the case - St George and BankSA.

In what is the biggest class action in Australia's history, the law firm Maurice Blackburn is seeking to recover as much as $200 million in what it says are unlawful fees charged by the banks on credit card and other accounts.

The class action's first target in 2010 was the ANZ bank, and in December it widened its net to include the Commonwealth Bank, National Australia Bank, Westpac and Citi.

In December, the banks announced they would vigorously defend the action. St George and BankSA are owned by Westpac, and have yet to comment on the Federal court action filed against them.

Read more at Brisbanetimes.com.au



Piles of weed washes up on Northern Rivers beaches

premium_icon Piles of weed washes up on Northern Rivers beaches

Unsightly brown algae makes going tough for swimmers

How a 'usual night at the RSL' turned into $1.2M win

premium_icon How a 'usual night at the RSL' turned into $1.2M win

A Ballina man faced a 'difficult' dilemma

Legal battle over plans for new beachside home

premium_icon Legal battle over plans for new beachside home

Council refused the DA, but the owner has taken the matter to court