Almost all Australians are willing to participate in a class action – especially if it stops further wrongdoing by banks, insurers or companies doing environmental harm – but want a payout of at least $5000 to do so, new research has revealed.
A survey of around 1000 Australians by CT Group found that while an “overwhelming” 93 per cent of respondents would join class actions if they were eligible, they would only do so if they thought the payout would be worth their time.