Govt bins retrospective change affecting bank class action
Select Committee report recommends litigation against ANZ and ASB be explicitly excluded from retroactive measures in Credit Contracts and Consumer Finance Amendment Bill.
Commerce & Consumer Affairs Minister Scott Simpson.
The Government has backed off making retrospective law changes affecting active litigation against ANZ Bank, following a select committee recommendation.
“As a result of the feedback received, the committee has recommended a number of changes, which the Government parties will accept. This
