In February, I noted that Gordon J had handed down her decision in Paciocco v Australian and New Zealand Banking Group Limited [2014] FCA 52, the bank fees case. The ABC reports that the bank customers lodged an appeal yesterday. The Bank is still considering its position, and has three weeks to make a decision, but I would not be surprised if it also appealed. Nor would I be surprised if this case ends up before the High Court again.
Update: it’s always nice to have one’s predictions confirmed. As pointed out in comments below, the Sydney Morning Herald reports that the Bank filed an appeal today.
The Sydney Morning Herald reported that ANZ was appealing, too: http://www.smh.com.au/business/banking-and-finance/anz-to-appeal-credit-card-latepayment-fees-ruling-20140306-34a82.html
Thanks David, I noticed that myself just after I pressed publish! Doh! Always pleasing to see one’s predictions confirmed, however.