Bankwest to face class action over fees

Bankwest has been added to a list of financial institutions targeted by what is claimed to be the nation's biggest class action suit, aimed at recouping unfair and excessive bank fees.


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You've named 7 banks in this class action. At a guess they might show a combined net profit of at least 30 billion. If they lose a combined 1 billion dollars if they lose this, plus costs is there any power at law to contribute to vexatious claims or defences. Here we have our two favourite institutions, the banking and the legal systems, I suppose the majority want to see the banks get their just dessert and the lawyers get the money I wonder based on fees and a hope, a reason to defend or a reason to pursue. They are expensive people and besides the fees they demand surely we the public have to make a big deal out of the winners and the losers. One of the sides have to appear as clueless...... With the arrival of Anzac day and with all the respect to our Military... I think the slogan " LEST WE FORGET might apply ton the banks and lawyers... this time for all the wrong reasons.

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