
Stoush over co-op name
A brand stoush between the New Zealand Association of Credit Unions and a bank is a "fight for all co-operatives", says the industry body's chief executive.
A brand stoush between the New Zealand Association of Credit Unions and a bank is a "fight for all co-operatives", says the industry body's chief executive.
The Co-op Bank is in court this morning trying to stop the NZ Association of Credit Unions changing its name to Co-op Money.
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The NZ dollar slumped to its lowest in more than a year after RBNZ governor Graeme Wheeler jawboned it through a key support level of 80 US cents.
Reserve Bank Governor Graeme Wheeler says the NZ dollar is susceptible to a "significant downward adjustment," in a statement issued today.
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The NZ dollar gained after the incumbent National Party's election victory, instilling confidence in the administration's ability to continue pursuing its policy programme.
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