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Group proceeding (class action) brought on behalf of persons who entered into car loans issued under Westpac or St George Finance’s credit licence, in the period 1 March 2013 to 31 October 2018, with respect to which a “flex commission” was paid to the car dealer.

The claim alleges that car dealers acted on behalf of Westpac and St George Finance in providing certain credit services to group members who took out car loans with those dealers. The claim alleges that the terms of those car loans relating to the “flex commissions” constituted “unfair conduct” for the purposes of the National Consumer Credit Protection Act 2009 (Cth). Further, it is alleged that Westpac and St George Finance engaged in misleading or deceptive conduct by failing to disclose to those borrowers certain matters concerning the loan agreements. The claim seeks to restrain the lenders from charging further interest, the repayment of interest under the loans or alternatively orders voiding the loan agreements or providing compensation to group members.

Group Costs Order Ruling of the Honourable Justice Nichols dated 14 September 2021 ([2021] VSC 573) in the Flex Commissions Group Proceeding – Westpac and St George Finance (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication

 for Group  Order filed on 18 February 2021 in the Flex Commissions Group Proceeding – Westpac and St George Finance (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication

Reply to the  of St George filed by the Second  on 21 December 2020 in the Flex Commissions Group Proceeding (Class Action) – Westpac and St George Finance (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication

Reply to the  of Westpac filed by the First  on 21 December 2020 in the Flex Commissions Group Proceeding (Class Action) – Westpac and St George Finance (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication

 filed by St George Finance on 20 November 2020 in the Flex Commissions Group Proceeding (Class Action) – Westpac and St George Finance (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication

 filed by Westpac on 20 November 2020 in the Flex Commissions Group Proceeding (Class Action) – Westpac and St George Finance (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication

Funding information summary statement filed in the Flex Commissions Group Proceeding (Class Action) – Westpac and St George (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication

Group Proceeding (Class Action) summary statement filed in the Flex Commissions Group Proceeding (Class Action) – Westpac and St George (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication

 and  filed on 15 July 2020 in the Flex Commissions Group Proceeding (Class Action) – Westpac and St George Finance (Fox, Alannah & Anor v Westpac Banking Corporation & Anor (S ECI 2020 02946)).

Publisher
Supreme Court of Victoria
Date of publication