Media Releases
Tireless champion of co-ops and mutuals succeeds to Nationals Deputy Leadership
The BCCM, on behalf of the whole of Australia’s co-operative and mutual sector, extends our sincere congratulations to Senator Bridget McKenzie, on her election today as Deputy Leader of the Nationals. The BCCM and Senator McKenzie have worked closely together for several years, from the early days of the Senate Inquiry into our sector (which […]
Royal Commission must be part of a comprehensive package to improve banking experience for all Australians
The Business Council of Co-operatives and Mutuals (BCCM) today emphasises that the Royal Commission into Banks and Financial Services must be part of a wider package of measures to improve banking for all Australians. “The government has been emphasising competition as a key plank of improving the banking experience for consumers. Before the Royal Commission […]
Australian HCF and CBH Group in world’s top-ranked co-operatives
The strength of the Australian co-operative sector has been recognised internationally, with two founding members of the Business Council of Co-operatives and Mutuals (BCCM) listed among the world’s top 300 largest co-operatives by the World Co-operative Monitor. “The Business Council of Co-operatives and Mutuals congratulates co-operative grain giant CBH and health mutual HCF on this […]
Capricorn CEO Greg Wall elected to International Co-Operative Alliance Board
The Business Council of Co-operatives and Mutuals (BCCM) congratulates Capricorn Group CEO and BCCM board member Greg Wall on his re-election to serve another 4-year term on the International Co-operative Alliance (ICA) board. “We are delighted to see Greg’s experience and depth of knowledge about the co-op and mutual sector recognised on the international stage,” […]
KPMG report shows increasing banking competition from mutual sector
Banking competition is heating up, according to KPMG Australia’s Mutuals Industry Review 2017. The report shows strong growth of Australia’s credit unions, building societies and mutual banks, despite a challenging environment characterised by low interest rates, increased competition, fluctuating property prices and technology disruption. Ian Pollari, National Head of Banking for KPMG Australia, expressed confidence […]
BCCM announces new board and chairperson for 2018
The Business Council of Co-operatives and Mutuals (BCCM) is delighted to welcome new directors to its board, and announce a new chairperson from the current directors. The BCCM Chairperson for 2018 is RAC WA CEO Terry Agnew. The new directors on the BCCM board are: HCF CEO Sheena Jack CUA CEO Rob Goudswaard National Health […]
Mutual economy contributes more to Australia’s GDP than mining, construction or manufacturing
NME Report 2017 shows the contribution of co-operative and mutual enterprises (CMEs) is 8.3% of Australia’s GDP Australia has more than 2,100 active CMEs with more than 29 million members $140 billion in total value-add with 76 cents of every dollar reinvested in local communities Turnover of Top 100 CMEs grows by 6.6% a year, […]
New Research Report: Policies aren’t enough; inclusion needs to be embedded in organisational culture
Women are nearly half the workforce, but continue to be segregated into a limited number of occupations and predominantly into the lower grades of those industries. Years of policies intended to promote inclusion appear to have changed very little. For organisations wanting to genuinely increase female participation at the top, simply having a set of […]
Federal Government to unlock potential of Australian co-op and mutual sector
Federal Government to unlock potential of Australian co-op and mutual sector: sector peak body CEO available for comment Government adopts all recommendations of Hammond Review to grow co-ops and mutuals Capital raising will be possible for co-op and mutual sector representing more than 8% of the Australian economy Customer-owned banks acknowledged by Treasurer Scott Morrison […]
Australians urged to switch up their banking on International Credit Union Day
The Business Council of Co-operatives and Mutuals is urging Australians to mark International Credit Union Day by looking for a better deal on their banking. “Competitive rates are business as usual for the nearly 80 credit unions and mutual banks across the land,” says the CEO of the Business Council of Co-ops and Mutuals, Melina […]
