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flag Westpac New Zealand admits to overcharging 25,000 customers by $6.3M, faces civil charges.

flag Westpac New Zealand admitted to overcharging nearly 25,000 customers by more than $6.3 million due to failing to provide promised discounts and benefits. flag The Financial Markets Authority filed civil charges, and Westpac has compensated affected customers. flag A penalty hearing will be held in the High Court next year.

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