Update
Opt Out Orders
The Federal Court has ordered that any group member who wishes to ‘opt out’ of the Aussie Home Loans Insurance Class Action must do so by 4:00 pm AEST on 16 April 2026.
Group members who opt out of the Aussie Home Loans Insurance Class Action will not receive any compensation from the Aussie Home Loans Insurance Class Action or be bound by any judgment or settlement.
If you think you may be a group member in the Aussie Home Loans Insurance Class Action, please read the Opt Out Notice to understand your rights, including how to opt out.
To opt out, you must complete the form in Annexure A to the Opt Out Notice and send it to the Victorian Registry of the Federal Court at the address specified in the form.
What is the Aussie Home Loans Insurance Class Action about?
Shine Lawyers has launched a class action on behalf of people who obtained a Mortgage Protection Plan or My Protection Plan policy arranged by an Aussie broker and issued by Australian Life Insurance Distribution Pty Ltd between 28 February 2018 and 29 February 2024.
This class action alleges that:
People who were sold a Mortgage Protection Plan or My Protection Plan policy were sold a product that was of low or very limited value to them;
Aussie brokers who sold the Mortgage Protection Plan or My Protection Plan policy products breached their duties to their clients by:
Not acting in their best interests;
Failing to give priority to their clients’ interests over their own personal interest;
Failing to give appropriate advice; and
Failing to warn their client that their advice was based on incomplete or inaccurate information.
Aussie brokers engaged in misleading or deceptive conduct in selling the Mortgage Protection Plan or My Protection Plan product.
Can I join the Aussie Home Loans Insurance Class Action?
If you acquired a Mortgage Protection Plan or My Protection Plan policy from Aussie Home Loans between 28 February 2018 and 29 February 2024, you may be eligible to join this class action.
How to register for the Aussie Home Loans Insurance Class Action
To register for the Aussie Home Loans Insurance Class Action please click the 'Register for the class action' button below to fill out the registration form. It costs nothing to register, which means there are no out-of-pocket expenses for you to participate in the class action.
Frequently Asked Questions
What is a class action?
What is a class action?
When Governments, large companies or institutions do the wrong thing and people are harmed or suffer loss as a result, an individual can have little to no means of bringing a legal claim.
Class actions are an important mechanism within Australia’s legal system that allow large groups of people to come together to pursue a claim collectively.
For a class action to take place, there are three criteria that need to be met:
there must be 7 or more people that have claims against the same defendant; and
the claims relate to the same or similar circumstances; and
the claim must relate to at least one common issue of law or fact.
For more information about how class actions resolve, click here.
How long do class actions take to resolve?
How long do class actions take to resolve?
It can take up to several years for a class action to resolve. The time taken from case commencement through to resolution and settlement administration depends on the particular case, and the nature of the claim.
For more information about class actions and how they work, click here.
Does it cost anything to join a class action?
Does it cost anything to join a class action?
Shine Lawyers is committed to ensuring that everyone, regardless of their background or financial situation, has access to justice. We run our class actions in a way that means you are not exposed to any costs or financial risk, so joining a class action will cost you nothing.
When a class action is successful, the legal fees and costs to run the class action are deducted from the settlement amount that is approved by the Court. If the class action is unsuccessful, we will ensure there are no out-of-pocket costs to you.
Will my contact details be kept private?
Will my contact details be kept private?
Yes, your contact details will remain confidential and we will seek your consent before disclosing any of your personal information (including before such disclosure is required by the Court).
Shine Lawyers will only use your personal information strictly for the purpose of the legal proceedings.
Meet the Aussie Home Loans Class Action team
Shine Lawyers’ Aussie Home Loans Class Action team includes some of the firm’s most experienced litigators, solicitors and support staff. You can learn more about the team running this class action by clicking on their profile below.
