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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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World first as RACQ secures bank merger for Queensland

World first as RACQ secures bank merger for Queensland

By on November 24, 2016 in Editor's Pick, News with 0 Comments

In April, RACQ, a BCCM member, and QT Mutual Bank announced plans to establish a banking subsidiary within the RACQ Group. Last week, the merger was made official, following the completion of the final legal step of the transaction. RACQ Group CEO Ian Gillespie said the merger between a motoring body and a bank was the first […]

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Community investment handbook for co-operatives launched

Community investment handbook for co-operatives launched

By on November 22, 2016 in News with 0 Comments

Co-operatives have played a key role in many Australian communities for more than one hundred years. Their popularity began in rural communities when agricultural producers combined their efforts to process and market their products economically.  Today, co-operatives exist in all sectors of the Australian economy contributing 7% to the country’s GDP (including superannuation funds) and […]

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Westfund’s new home office open for business

Westfund’s new home office open for business

By on November 21, 2016 in Editor's Pick, News with 0 Comments

Westfund Health Insurance, a BCCM member, last week paid tribute to its rich and proud history while also welcoming a prosperous and innovative future with the opening of the ‘King Building’ – the fund’s new home office administrative headquarters in Read Avenue, Lithgow. Former Prime Minister and current Member for Warringah Tony Abbott was guest […]

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Opportunity Knocks: The competitive advantage of co-operatives and mutuals

Opportunity Knocks: The competitive advantage of co-operatives and mutuals

By on November 18, 2016 in News with 0 Comments

Watch political representatives voice their support for the CME sector. View extended version here. On 9 November, co-operative and mutual leaders from across the country gathered at Old Parliament House for the third annual BCCM Leaders’ Summit to to discuss and debate the business strategies, disruptions and innovations to give CMEs the competitive edge. View: A summary […]

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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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Leaders discuss how co-ops can assist international development

Leaders discuss how co-ops can assist international development

By on November 11, 2016 in Editor's Pick, News with 0 Comments

Pictured at the inaugural Breakfast on the Hill event (L to R): Tim Costello, CEO, World Vision; Senator the Hon Concetta Fierravanti-Wells; Martin Lowery, Executive VP, NRECA; Melina Morrison, CEO, BCCM; Els Kamphof, Group Executive, Wholesale, Rabobank Australia & New Zealand Group and Andrew Crane, CEO, CBH Group. Co-operatives are owned by one billion people globally. […]

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Eliza’s Project: Advancing gender equality in the CME sector

Eliza’s Project: Advancing gender equality in the CME sector

By on November 11, 2016 in Editor's Pick, News with 0 Comments

Co-operative and mutual enterprises (CMEs) have a long history of empowering women. Women had an equal vote in co-operative leadership decades before they could vote for parliament. In 1846, Eliza Brierley became the first woman member of a co-operative. Last year, the International Co-operative Alliance and the International Labor Organization surveyed the co-operatives sector globally, […]

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CMEs role in the new economy

CMEs role in the new economy

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

Beyond Bank Australia CEO, Robert Keogh delivered a key note address at the BCCM’s Leaders’ Summit last week in Canberra, considering the opportunities for co-operatives and mutual enterprises (CMEs) in the new economy. In his address, Mr Keogh’s premise was that CMEs have a competitive advantage over the bigger corporate entities because of the their ability to […]

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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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