Mackay wins access to credit union register

The Administrative Appeals Tribunal upheld a decision giving Mackay Permanent Building Society access to the membership register and customer list of Capricornia Credit Union. The Australian Securities and Investment Commission ordered Capricornia to hand over its register but the credit union refused and with support of the Credit Union Services Corporation appealed that decision to the AAT. Mackay has made a vague offer to merge with Capricornia.