ANZ to cough up $10m for unfair fees – 2 October 2020

ANZ has been ordered to pay $10 million in penalties and $1 million in court costs, after the bank was found to have engaged in unconscionable conduct and acted in breach of its licence conditions, by charging customers, unfair fees.

https://www.afr.com/companies/financial-services/anz-to-cough-up-10m-for-unfair-fees-20201002-p561hq – :~:text=ANZ%20has%20been%20ordered%20to,by%20charging%20customers%20unfair%20fees.

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