Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 618 results for %22High Court%22

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... in Sydney and Melbourne. Every week rivers of gold flow out of regional communities," he said. Rennick hinted at a High Court challenge to question whether super was constitutional if it doesn't return initial capital. He questioned if the system breached ...

Shareholders approve Aon, WTW merger

JAMIE WILLIAMSON  |  THURSDAY, 27 AUG 2020
... their respective extraordinary general meetings and at the special meeting of WTW shareholders which was ordered by the High Court of Ireland. A spokesperson for WTW could not comment on what the merger means for the Australian business. Under the terms ...

ASIC winds up illegal land banking scheme

ALLY SELBY  |  MONDAY, 17 AUG 2020
The Federal Court has made orders to wind up an investment group which swindled 270 investors of more than $10 million in an illegal unregistered land banking scheme. ASIC will wind up Askk Investment Group following an extensive investigation. The ...

ASIC terminates illegal investment scheme

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... are currently residing in India. "Consumers should be wary when they are presented with investment opportunities offering high returns and should seek independent financial advice from a licensed financial advisor before making investment decisions," ...

ASIC will not appeal wagyu and shiraz decision

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
The corporate regulator has announced it will not appeal to the High Court's rejection ofits case against Westpac for alleged responsible lending breaches. ASIC commenced federal court proceedings against Westpac in 2017 alleging that between December ...

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... describes as a very complex fraud. Seven men were arrested in Queensland who are expected to be extradited to NSW to face court in the near future. Two men and two women were arrested in Sydney, while a man in the ACT was served with a court attendance ...

Forex Capital to face Federal Court

ALLY SELBY  |  FRIDAY, 17 JUL 2020
... to cough up $3.1 million. ASIC alleges Forex Capital engaged in a system of unconscionable conduct, including the use of high pressure sales tactics, for example, by offering incentives to encourage clients to transfer more money to Forex. It also claims ...

WAM makes replacement bid for Keybridge

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... NTA disclosed by KBC," Wilson said. The updated offer comes after Keybridge launched legal proceedings in the NSW Supreme Court alleging WAM Active improperly transferred over 16 million Keybridge shares from 96 Shareholders. Additionally, Keybridge ...

Rio Tinto decision exposes limits of super engagement

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
... sacred site in the Northern Territory known as Two Women Sitting Down. OM Holdings was convicted by the Darwin Magistrates Court in 2013 over one count of desecrating a sacred site and one count of damaging a sacred site. The company was fined $150,000. ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... actions is being driven by a business lobby and that big business doesn't want to have to worry about customers taking them to court. "AMP charged dead superannuation customers for life insurance, knowing there was no longer any life to insure. Then ...