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New Zealand’s largest class action kicks off against ANZ

Country’s biggest bank lender says it doesn’t consider the law ‘operates in the way stated by the plaintiffs or litigation funders’.

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ANZ says prior reimbursements to customers after self-reported disclosure errors had left them "better off" than they would have been if the issue hadn't occurred.

The country's largest lender is now facing a large-scale class action relating to the errors and has gone to court to defend an

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Brent Melville Mon, 23 Mar 2026
Contact the Writer: bmelville@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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New Zealand’s largest class action kicks off against ANZ
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