ANZ agrees to settle credit cards class action

ANZ Group Holdings Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 16 659 510 791
News Release
For Release: 25 March 2024

ANZ agrees to settle credit cards class action

ANZ today announced it has reached an agreement to settle a class action brought against it
by Phi Finney McDonald in 2021.

The class action related to certain interest charged on certain ANZ personal credit cards in
the period from 1 July 2010 to 1 January 2019.

ANZ will pay $57.5m in the settlement, which is covered by a provision held at 30
September 2023. The settlement is without admission of liability and remains subject to
court approval.

For media enquiries contact:

Lachlan McNaughton
Head of Media Relations
Tel: +61 457 494 414


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