Australia's High Court backs ANZ in fee class action

July 27, 2016 1:15 AM

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SYDNEY, July 27 Australia and New Zealand Banking Group on Wednesday won an appeal against a six-year long court battle over allegedly unfair credit card charges, in a major blow to customers involved in Australia's biggest ever class action.

The High Court dismissed the case in which more than 185,000 Australians participated to redeem their money plus interest, according to Maurice Blackburn Lawyers, which first issued proceedings in the Federal Court of Australia in September 2010. The claim size was estimated at more than A$240 milli...

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