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New Zealand loan holders launch legal action to force Australian-owned banks to refund fees – The Guardian Australia

Amount sought from ANZ and the Commonwealth Bank-owned ASB could be in excess of $100m

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A New Zealand law firm has filed a multimillion-dollar class action against two Australian-owned Kiwi banks on behalf of 150,000 home and personal loan customers.
In Auckland high court proceedings, Russell Legal claims the customers are entitled to the…

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