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Heritage Building Society has plans to become Australia's biggest member-owned bank after 98.6% of its members at the annual general meeting supported a planned name change to heritage Bank. Heritage, based in Toowoomba, Queensland, was established in 1875. it has 58 branches and 700 staf and total assets of more than A$8 billion. Heritage will now apply to the australian Prudential Regulation Authority (APRA) for approval of the name change.
At 8:30 p.m on 29 December ABC1 showed the first of four programs on the People's Supermarket in the UK. The programs were first broadcast on Channel 4 in the UK in early 2011. The People's Supermarket was established in May 2010. Is the People's Supermarket a food co-operative or is it something else?
On behalf of all States and Territories, on 8 November 2011 NSW Fair Trading invited submissions on reporting requirements for small co-operatives. Submissions closed on the 7 December 2011. Seven submissions were received from - NSW Department of Education and training, the Co-operative Federation of Victoria Ltd, the Australian Accounting Standards Board, Co-operatives WA, Mark Snell and the Sydney Live Steam Locomotive Society Co-operative Ltd.