BNZ has been told it has to keep banking for Gloriavale

BNZ has been told it has to keep banking for Gloriavale
BNZ has to keep providing banking services to Gloriavale, for now... (Image: BNZ)
Oliver Lewis
Bank of New Zealand has to keep providing banking services to West Coast religious community Gloriavale and its associated entities, a court has ruled.In a decision released on Friday following a hearing in the high court at Greymouth, Justice Helen Cull granted an order to continue an existing injunction preventing BNZ from terminating the Gloriavale bank accounts.BNZ sought to end the banking relationship last year in the wake of an employment court decision that found three men who left the community had been employees from age six unti...

More Law & Regulation

NZX, NZSA want level playing field in climate reporting
Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 13 Dec 2024
Govt starts again on Holidays Act reform
Law & Regulation

Govt starts again on Holidays Act reform

Brooke van Velden says the Govt will go in a different direction on Holidays Act changes.

Dileepa Fonseka 13 Dec 2024
Triple Connection faces liquidation
Property

Triple Connection faces liquidation

The debt collector says the company "don't pay their bills".

Gregor Thompson 13 Dec 2024
We're gonna need a smaller boat: emission targets
Law & Regulation

We're gonna need a smaller boat: emission targets

A plan to install 10,000 EV chargers by 2030 won't shift the dial in the short term.

Greg Hurrell 12 Dec 2024