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



Check out the style trackside from the Yeppoon Races

premium_icon Check out the style trackside from the Yeppoon Races

Gallery: Were you snapped by our photographer?

Reports of home under threat from fire

Reports of home under threat from fire

Multiple fires across the region moving fast due to strong winds

'Heartbreaking loss': Cyclones beaten in QBL semi

premium_icon 'Heartbreaking loss': Cyclones beaten in QBL semi

Rocky team's championship hopes dashed by Townsville

Local Partners