Media Releases
HCF-HBF merger good for competition and diversity
The HCF-HBF merger would restore diversity to our economic ecosystem and create greater competition in the Australian health insurance market by strengthening the mutual business model
Not for profits HCF and HBF plan merger to benefit members
Not-for-profits HCF and HBF announce an in-principle merger worth $4 billion and 18.4% of the health insurance market, to access the benefits of scale to keep costs down for their members
Reg-tech first for Australian farmers
The sharing economy is coming to rural Australia with an Australian-first ground-breaking regulatory-tech solution that guides farmers in setting up a co-operative
Australia’s first employee-led mutual a user-oriented alternative to privatisation
An employee-led non-profit mutual will deliver early childhood intervention services for South Australia under the NDIS
Business model diversity key to consumer-focused competition
The Business Council of Co-operatives and Mutuals welcomes a return to common sense after the excesses of the past decades. Commending the release of the Productivity Commission Draft Report into Competition in the Australian Financial System, BCCM CEO Melina Morrison noted the Productivity Commission’s call for “more customer-oriented providers that consider their existing customers (not […]
Happiest customers own their banks
Top three customer satisfaction scores taken out by customer or member-owned banks Non-major banks average satisfaction score was 767 versus 741 for the major banks Personal service still key to a great banking experience Australia’s happiest customers bank with customer-owned banks, the annual J.D. Power 2017 Australia Retail Banking Satisfaction Study has found. Customer-owned Heritage Bank received a […]
Producer co-ops the key to bargaining power
Producer co-ops the key to bargaining power with supermarket chains, says South Australian parliamentary inquiry Parliamentary Inquiry says primary producers should form co-ops to get a fair deal from supermarkets. The co-operative model can help primary producers form value chains to give them stronger negotiating power with supermarkets, says the South Australian parliamentary inquiry, From the […]
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 […]
