High Court rules against class action against ANZ

The High Court has dismissed a final appeal in a class action against the ANZ (A-N-Z) bank claiming excessive overdue bank fees. More than 43,000 customers had claimed they were unfairly charged late fees on credit cards. Lawyers say the decision clears the way for high overdue penalties from any bank.

: Julian Saliba, left, and Andrew Watson (AAP) Source: : Julian Saliba, left, and Andrew Watson (AAP)