ANZ to appeal ruling after $125m class action

1 mins to read ANZ to appeal New Zealand class action ruling The High Court earlier this month ruled against the banking giant, which estimated its maximum liability from the decision at $125m. Fri, 29 May 2026 © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. ANZ Bank will appeal a High Court ruling against it in a huge class action claim over its liability for disclosure failures on its mortgage lending. The bank
earlier this month estimated its maximum liability for the decision at about $125 million. The claim involved ANZ’s lending to mortgage and Want to read more? It’s easy. Choose your subscription Already have an account? Login Smartphone Only Subscription NZ$29.95 / monthly Monthly Premium Online Subscription NZ$49.95 / monthly Smartphone Only Annual Subscription NZ$299.00 / yearly Yearly Premium Online Subscription NZ$499.00 / yearly Premium Group Membership 10 Users NZ$385+GST / monthly $38.5 per user – Pay by monthly credit card debit Premium Group Membership 20
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29 May 2026 Contact the Writer: editor@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. Law & Courts Commerce Commission Free News Alerts Sign up to get the latest stories and insights delivered to your inbox – free, every day. Company profile Powered by: Previous Close Avg Daily Volume Daily High 52 Week High 52 Week Low Related News Bar Association criticises ‘disturbing’ Government overreach
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ANZ, appeal, High Court, class action, disclosure failures, mortgage lending, liability, $125 million, New Zealand