Car loan flex commissions class actions

Flex commissions class action against Macquarie Leasing

The class action is about “flex commissions” paid by Macquarie Leasing to car dealers. The Plaintiffs allege that Macquarie Leasing allowed car dealers to set the interest rates on certain consumers’ car loans and that the higher the interest rates set by the car dealers, the higher the flex commissions paid by Macquarie Leasing to those car dealers. The Plaintiffs allege that flex commissions were unfair and resulted in consumers paying higher interest rates on their car loans than they otherwise would have done. Macquarie Leasing denies the claims made against it in the class action. 

Group members had a consumer car loan arranged through a car dealer between 1 March 2013 and 31 October 2018 with Macquarie Leasing. 

Car loans that were with ANZ (Esanda) and transferred to Macquarie Bank in March 2016 are not part of this class action.

Proposed settlement

The parties have agreed to settle the flex commission class action against Macquarie Leasing for $56.5 million including all costs and taxes.  The proposed settlement has been agreed on a no admission of liability basis.

The settlement is subject to approval of the Supreme Court of Victoria.  The Court will conduct a hearing on 20 August 2025 to decide whether to approve the proposed settlement and, if so, how the settlement sum will be distributed to group members.

If the Court approves the proposed settlement, it will bind all group members, except those who opted-out of the proceeding.

Notice of proposed settlement

Potential group members were sent a notice about the proposed settlement via email between 19 and 22 May 2025. The notices were sent via email from one of the following email addresses:

• macquarieflexCA@mauriceblackburn.com.au; or
• noreply@au.e-notification.net

A copy of the notice is available here.

If you have previously registered for the class action on Maurice Blackburn’s website, there is nothing further you need to do to participate in the proposed settlement at this stage.

If you have not previously registered for the class action on Maurice Blackburn’s website you may:

1. Register: If you would like to participate in the proposed settlement you must register by 19 June 2025.
   
   
2. Do nothing: If you do not register by 19 June 2025, you will not be entitled to any money from the proposed settlement, if approved, but you will still be bound by it.  This means that any claims you may have had against Macquarie Leasing for issues arising from or relating to the claims made against it in the class action will be extinguished.

If you have opted out of the class action, you are ineligible to participate in the proposed settlement.

Contact us

If you have any questions regarding the above, you can contact our team on:

• 1800 318 063; or    
• macquarieflexCA@mauriceblackburn.com.au
   

Flex commissions class action against Westpac & St George Finance 

The class action is about “flex commissions” paid by Westpac and St. George Finance to car dealers. The Plaintiffs allege that Westpac and St. George Finance allowed car dealers to set the interest rates on consumers’ car loans; and paid higher commissions to dealers when they set higher interest rates on those loans. The Plaintiffs allege that these arrangements resulted in consumers paying higher interest rates on their car loans than they otherwise would have done; that this constituted “unfair conduct” for the purposes of the National Consumer Credit Protection Act 2009 (Cth); and that Westpac and St. George Finance are responsible for the car dealers’ conduct.

Group members had a consumer car loan arranged through a car dealer between 1 March 2013 and 31 October 2018 with Westpac or St. George Finance. 

Proposed settlement

The parties have agreed to settle the proceeding for $130 million including legal costs.  The proposed settlement has been agreed on a no admission of liability basis.

The proposed settlement is subject to the approval of the Supreme Court of Victoria.

Group members will soon have a further opportunity to register to participate in the proposed settlement of the flex commission class action against Westpac and St George Finance.   

Further information and updates about the proposed settlement of the flex commission class action against Westpac and St George Finance will be published on this website.

If you would like to update your contact details please send an email to Flexclassaction@mauriceblackburn.com.au with your full name, your registration identification number (if you have it on hand) and your new contact details.  Make sure you put “Change in Contact Details” in the subject line of your email.