By David Olsen · 30 November 2010 · Cashflow
Australian retailers are planning a national class action against National Australia Bank over recent payment problems. But will their efforts pay off, or will the bank's lawyers shut down the lawsuit?
National Australia Bank’s payment problems over the last week have Australian retailers proposing legal action against in the form of a national class action to recover the loses incurred due to the bank’s failures over the last week, such legal action is unlikely to be successful however.
Tags: ATM, EFTPOS, Nab, National Australia Bank, retailers, United Retailers Federation