The power of the co-operative business model

The power of the co-operative business model

An opinion piece by Andrew Leigh MP and Senator Chris Ketter (ALP) on the power and role of co-operatives. Senator Ketter chaired the Senate inquiry into co-operative, mutual and member-owned firms. Andrew Leigh is the shadow assistant treasurer and the shadow...
Fair and strong: customer-owned banking

Fair and strong: customer-owned banking

Australian mutual institutions collectively make up a $98.7 billion sector that represents the “fifth pillar” of banking in Australia – the fifth largest holder of household savings deposits in Australia. And with more than 4 million members already, this sector sees...
Opinion: Do yourself a favour #switchnotbitch

Opinion: Do yourself a favour #switchnotbitch

Customer owned banks (credit unions, building societies, mutual banks) do not have shareholders. They have members. To be fair, the issue of how an interest rate cut flows to mortgage rates is not as simple as just passing it on. The size of the bank, the cost of...

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