Over a quarter of Australians now bank with Credit Unions and Mutuals. Australian Credit Unions and Customer Owned Banks celebrate growing membership numbers on International Credit Union Day.
The annual Platform Co-operativism conference in Hong Kong was notable for the many faceted ways that co-operatives are developing across the globe.
Mutuo partnership with BCCM delivers first ever Federal legislation for mutually owned businesses. Draft Bill opens for consultation ahead of introduction in Parliament in November.
BCCM CEO Melina Morrison was quoted in The Australian in an article discussing the government pushing ahead with laws aimed at freeing up the mutual banking sector from unnecessary regulations.
Australian ICMIF member, the BCCM warmly welcomed the publication of draft legislation that will begin the process of modernising the Federal law for mutual businesses in Australia.