Via Banking Day:
The plaintiff law firm said the class action was being run in the Federal Court on behalf of people who, after 1 January 2011, were given “unsuitable loans” by Westpac, in breach of its responsible lending obligations.
…Principal lawyer and managing partner with Maurice Blackburn, Ben Slade, said: “This case will seek to prove that Westpac failed to comply with its obligations and that this failure caused substantial losses for many consumers.”