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Australian court fines ANZ $9.6 million for misleading customers over funds By Reuters - Modern Digital India
Saturday, May 30, 2026

Australian court fines ANZ $9.6 million for misleading customers over funds By Reuters

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© Reuters. FILE PHOTO: FILE PHOTO: A pedestrian is reflected in the window of a branch of ANZ in central Sydney, Australia, October 25, 2017. REUTERS/Steven Saphore/File Photo

(Reuters) – Australian Securities & Investments Commission said on Tuesday ANZ Group Holdings was ordered to pay a A$15 million ($9.63 million) penalty by the Federal Court for misleading customers about funds available in credit card accounts.

($1 = 1.5576 Australian dollars)

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