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Showing 1 - 10 of 106 results for "High Court"

NZ Super 'accepts' court loss, updates policy

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
... materially changed the Guardians' actual engagement and exclusion practices. The policy changes come after New Zealand's High Court ruled against the nation's super fund in April, finding some of its policies are "unreasonable and unlawful" in ...

NZ Super promotes two, hires from Cbus

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2026
... of the fund's current sustainable investment policy was not compliant with legislative requirements. The New Zealand High Court found the fund had failed to invest "in a manner consistent with avoiding prejudice to New Zealand's reputation as a responsible ...

NZ Super Fund in court defeat over human rights issues

JAMIE WILLIAMSON  |  THURSDAY, 16 APR 2026
New Zealand's High Court has ruled against the nation's super fund, finding some of its policies are "unreasonable and unlawful" in regards to how it treats companies accused of human rights breaches. The Palestine Solidarity Network Aotearoa (PSNA) ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... that an AFSL was not necessary to offer a fixed-yield digital asset-related product. ASIC said its appeal seeks the High Court's ruling on what falls within the definition of a financial product. It also wants to clarify when interest-earning products ...

Employee shareholders officially file lawsuit against FNZ

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
... substantially diluted their ownership with several capital raises. FNZ B class shareholders filed the class action at the High Court of New Zealand where FNZ is domiciled, claiming the board breached the New Zealand Companies Act 1993 by approving the ...

1MDB mastermind found in Shanghai with Aussie passport: Reports

JAMIE WILLIAMSON  |  MONDAY, 21 JUL 2025
... establish. Razak was recently released from prison after having been charged over the scandal. He was discharged by the High Court but not acquitted of the charges. This was in relation to funds that were taken from SRC International, a 1MDB subsidiary. ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
ASIC intends to appeal the Full Federal Court's decision, now seeking special leave from the High Court in its case against Block Earner. The Federal Court decision found that a product issued by Block Earner, which allowed consumers to earn fixed ...

Former adviser accused of theft loses lengthy extradition fight

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025
... the District Court determined she could be extradited, which Pearson then unsuccessfully attempted to appeal in the High Court. A further two subsequent appeals were also unsuccessful. Seeking leave for an appeal again, this week the New Zealand Supreme ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... liability. "Superannuation is often the greatest asset Australians have, and is crucial to a dignified retirement. The High Court has recognised the valuable status of superannuation as 'deferred pay'," Maurice Blackburn principal lawyer Nina ...

ASIC hits back at parliament: 'Simply not realistic'

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
... take ASIC on," he said. "From time to time our powers are challenged in the courts, sometimes all the way up to the High Court. That's a resource-intensive activity." Longo said the regulator was overrun with complaints that do not fall under its remit ...
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