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

Search Results

Showing 201 - 210 of 2510 results for "Court"

Singapore investment firm to add 835 student beds in Perth

MATTHEW WAI  |  MONDAY, 25 AUG 2025
... Curtin University Student Accommodation project via Infranexus. Its platform already manages the concession for the District Court of Western Australia and Southern Cross Station.

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
The Federal Court imposed urgent interim orders to freeze the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, with ASIC concerned more than $50 million of investor funds is at risk. ASIC is investigating FMPE ...

Mercer Super sued over 'longstanding and systemic' failures

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... services failures, including one into premiums charged to dead members being refunded incorrectly. Lodged with the Federal Court today, the proceedings allege Mercer Super failed to report seven serious investigations at all, while another was reported ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
The Federal Court has ordered National Australia Bank (NAB) and its subsidiary ASFH Nominees to pay a pecuniary penalty of $15.5 million for failing to respond to customers facing hardship. The court found that between 2018 and 2023, NAB and ASFH failed ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
... superannuation 'health check,'" ASIC said at time of banning. Subsequently, ASIC obtained interim orders from the Federal Court freezing the assets of UGC and its authorised representative Global Capital Property Fund (GCPF). The entity entered ...

Former Kerr Neilson staffer pleads guilty to insider trading

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... been charged with insider trading and procuring others to trade Platinum Asset Management shares. At Sydney's Local Court yesterday, Forrest pleaded guilty to two counts of insider trading between August and September 2024. ASIC alleged he acquired ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... join Avanteos Investments (AIL) as a party in respect of claims regarding the FirstWrap Pooled Cash Account. CBA said the court has ordered that mediation take place by 8 May 2026 and the matter is listed for a trial commencing 9 November 2026. CBA ...

IFM Investors enters student accommodation arena

JAMIE WILLIAMSON  |  TUESDAY, 12 AUG 2025
... University Student Accommodation project via Infranexus, its platform that already manages the concession for the District Court of Western Australia and Southern Cross Station. IFM will take over management of the existing student accommodation and ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
... development on the Gold Coast for his own and the benefit of family members. Steele was sentenced in the Southport District Court on 7 August 2025 after pleading guilty to three counts of fraud contrary to section 408C(1)(a)(i), (2)(d) and one count ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... circumstances, and that no view has been formed on the merits of any complaint," the firm said. In February, the Federal Court acted against Osama Saad and Ferras Merhi over their potential involvement. Financial adviser Merhi was licensed through InterPrac ...