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Jenee Tibshraeny: NZ Herald Wellington business editor on the Court of Appeal allowing BNZ to close Gloriavale's bank accounts - Heather du Plessis-Allan Drive

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A significant decision from the Court of Appeal could see Gloriavale shut down its' operations for good.

The court has thrown out an injunction that prevented BNZ from closing the West Coast Christian community's accounts.

BNZ attempted to stop doing business with Gloriavale in 2022, after the community's child labour usage breached its human rights policy.

NZ Herald Wellington business editor Jenee Tibshraeny unpacks the wider implications of this verdict.

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Jenee Tibshraeny: NZ Herald Wellington business editor on the Court of Appeal allowing BNZ to close Gloriavale's bank accounts - Heather du Plessis-Allan Drive