Business
ANZ Bank hit with $10m penalty after wrongly charging 69,000 customers fees – NEWS.com.au
ANZ Bank hit with $10m penalty after wrongly charging 69,000 customers fees
ANZ has been ordered to pay $10 million in penalties after the Federal Court found it engaged in unconscionable conduct hundreds of thousands of times by slugging customers fees it was not entitled to.For more than 12 years to September 2015, the bank charged personal and business customers non-payment fees for periodic payments that could not be made due to insufficient funds in their account.
It also charged transaction fees for successful periodic payments.
The periodic payments were made b…
-
Noosa News24 hours agoMan dies, another injured after structure collapses at Inala residence in southwest Brisbane
-
Noosa News10 hours agoElectrify your vehicle, home or business at Noosa’s EV & Electrify Everything Expo
-
General21 hours agoLabor’s communism must be destroyed
-
General21 hours agoSecret nuclear testing at Lucas Heights