Media Releases

Bipartisan Support for Parliamentary Friends of Mutuals and Co-Ops a Win for Regional Australia

Bipartisan Support for Parliamentary Friends of Mutuals and Co-Ops a Win for Regional Australia

By on June 22, 2017 in Editor's Pick, Media Releases with 0 Comments

Co-chairs of the new Parliamentary Friends of Mutuals and Co-ops, Nationals Senator Bridget McKenzie and the ALP’s Dr Andrew Leigh said the new group underlined the importance of the bodies to the nation. The bipartisan duo were speaking at the launch of the new Parliamentary Friends Group on Tuesday, this week. “All sides of politics […]

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Parliamentary Friends of Mutuals and Co-ops launches

Parliamentary Friends of Mutuals and Co-ops launches

By on June 14, 2017 in Editor's Pick, Media Releases, News with 0 Comments

MPs and Senators will tonight (13 June) join the heads of some of the nation’s biggest enterprises to celebrate the launch of Parliamentary Friends of Mutuals Co-ops – the backbone of the nation’s local communities. The CEO of the Business Council of Co-operatives and Mutuals (BCCM) Melina Morrison said it was heartening politicians recognised the […]

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Farmer “Reg-tech” smashes legal barriers at Ag Forum

Farmer “Reg-tech” smashes legal barriers at Ag Forum

By on June 6, 2017 in Editor's Pick, Media Releases, News with 0 Comments

A major barrier to farmers setting up a business with other producers will be knocked down today with the launch of a free, online tool that they can use to register their business as a co-operative. The “Co-op builder” is an online template for the legal documents required to set up a co-operative in Australia. […]

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‘Co-op’ Banks Welcome Fraser’s Remarks on Levy, Call on Consumers to Consider Their Options

‘Co-op’ Banks Welcome Fraser’s Remarks on Levy, Call on Consumers to Consider Their Options

By on May 30, 2017 in Media Releases with 0 Comments

The Business Council of Co-operatives and Mutuals today welcomed Treasury Secretary John Fraser’s assessment that banks would not be forced to raise mortgage rates in order to pass on the ‘trivial’ impact of the federal Government’s levy. “His statements contradict the banks’ position, that they would be forced to pass on the levy to consumers […]

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BCCM response to 2017 Federal Budget

BCCM response to 2017 Federal Budget

By on May 10, 2017 in Editor's Pick, Media Releases with 0 Comments

Unshackle co-ops and mutuals to help deliver Budget measures The Business Council of Co-operatives and Mutuals (BCCM) welcomes a number of the Coalition’s initiatives in this Budget, but urges the Federal Government to consider the role co-operatives and mutuals can play in delivering services more efficiently. “For the last 35 years, the co-operative business model […]

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Treasurer’s Announcement Could Unlock Thousands of Jobs and $25BN Cash Bonanza

Treasurer’s Announcement Could Unlock Thousands of Jobs and $25BN Cash Bonanza

By on March 24, 2017 in Media Releases with 0 Comments

Federal Treasurer Scott Morrison’s consultation into reforms to support co-operatives and mutuals has the potential to create thousands of jobs by unlocking cash worth at least $25 billion for a flagging Australian economy, says Business Council of Co-operatives and Mutuals CEO Melina Morrison. Ms Morrison was welcoming a decision by the Treasurer to appoint consultant […]

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SA co-operative scoops award at Australian Export Awards

SA co-operative scoops award at Australian Export Awards

By on November 25, 2016 in Editor's Pick, Media Releases, News with 0 Comments

South Australian-based almond co-operative, Almondco Australia Ltd, was named the Australian Regional Exporter of the Year for the second time in five years at last night’s 54th Australian Export Awards, hosted by Minister for Trade, Tourism and Investment Steven Ciobo in Brisbane. The co-operative of 140 growers spread across SA, VIC and NSW was one of twelve […]

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Banking inquiry report highlights need for increased competition

Banking inquiry report highlights need for increased competition

By on November 25, 2016 in Media Releases with 0 Comments

The Business Council of Co-operatives and Mutuals (BCCM) has said the tabling of the House of Representatives Standing Committee on Economics’ first report on the banking sector today again highlights the need for a strong and competitive banking sector for consumers. BCCM CEO Melina Morrison said the sector overwhelmingly supported reforms which would allow for […]

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Mutuals continue to outperform traditional banks

Mutuals continue to outperform traditional banks

By on November 17, 2016 in Editor's Pick, Media Releases, News with 0 Comments

A report released today by KPMG Australia has reinforced the fact that the customer owned banking model is thriving and is expected to continue growing next year despite regulatory constraints, revealing the strength of the co-operative and mutual sector. The KPMG Australia’s annual Mutual Industry Review found strong asset growth of 7.8%, compared to 5% […]

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Labor announces portfolio for member owned firms

Labor announces portfolio for member owned firms

By on November 10, 2016 in Editor's Pick, Media Releases, News with 0 Comments

At the BCCM’s 2016 Leaders’ Summit yesterday at Old Parliament House, The Hon. Dr. Andrew Leigh MP, Shadow Assistant Treasurer, said Labor were committed to a suite of policy reforms designed to support Australia’s co-operatives and mutuals, including a new portfolio to oversee the sector, in what is a “historic moment” for the CME sector. Pointing […]

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