Tag: cooperatives

The power of the co-operative business model

The power of the co-operative business model

By on October 19, 2016 in Editor's Pick, News with 0 Comments

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 minister for charities and not-for-profits. First published in the Sydney Morning Herald.  A few years ago, a […]




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Fair and strong: customer-owned banking

Fair and strong: customer-owned banking

By on October 5, 2016 in Editor's Pick, News with 0 Comments

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 growth of 6.6% per year. Apparently, more Aussie families are taking out home loans […]




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Opinion: Do yourself a favour #switchnotbitch

Opinion: Do yourself a favour #switchnotbitch

By on October 5, 2016 in Editor's Pick, News with 0 Comments

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 capital to the bank, current profitability; all […]




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Agricultural co-operatives take centre stage at national forum

Agricultural co-operatives take centre stage at national forum

By on August 29, 2016 in Editor's Pick, Media Releases with 0 Comments

Today marks the first day of a two day national forum bringing together the agricultural sector to provide providing farmers with knowledge and materials on co-operatives, collective bargaining and other forms of collaboration. The BCCM is playing a central role at the forum with Melina Morrison, BCCM CEO hosting a roundtable workshop discussing how the recommendations […]




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Political parties commit to co-operative and mutual sector

Political parties commit to co-operative and mutual sector

By on June 21, 2016 in Editor's Pick, Media Releases, News with 0 Comments

The ALP has this morning released a statement pledging the party’s commitment to levelling the playing field for member-owned co-operatives and mutuals. The release by The Hon Chris Bowen MP, Shadow Treasurer and Senator Chris Ketter, Chair, Senate Economics Committee, stated that if elected, a Shorten Labor Government would review existing federal legislation and regulations […]




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How co-ops can transform the sharing economy

How co-ops can transform the sharing economy

By on June 8, 2016 in Editor's Pick, News with 0 Comments

Creatives Get Mutual Seminar and Summit From 5-6 June, the Creatives Get Mutual Seminar and one-day Summit explored how co-operatives can transform the sharing economy and how the business model can support arts workers, creative industries and other sectors to survive and thrive. Prominent sharing law expert Janelle Orsi (USA) spoke about what’s wrong with the sharing economy […]




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ICMIF publishes its Global 500 report

ICMIF publishes its Global 500 report

By on June 6, 2016 in Editor's Pick, News with 0 Comments

The International Cooperative and Mutual Insurance Federation (ICMIF) has published its latest edition of the Global 500 report, an analysis of the world’s 500 largest mutual and co-operative insurance companies ranked by 2014 premium income. This is the eighth edition of the report, published annually alongside Global Mutual Market Share, ICMIF’s market intelligence report on the size […]




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Co-op insurance leaders join the IDF Steering Committee

Co-op insurance leaders join the IDF Steering Committee

By on June 3, 2016 in Editor's Pick, News with 0 Comments

The International Cooperative and Mutual Insurance Federation (ICMIF) has welcomed the announcement by Stephen Catlin, Chair of the Insurance Development Forum (IDF) of the appointment of a number of leading insurance CEOs to serve on the Steering Committee of the IDF. This Committee was created to apply insurers’ risk expertise to the insurance-related challenges and […]




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2016 Federal Election: Co-operative policy for a more resilient economy

2016 Federal Election: Co-operative policy for a more resilient economy

By on May 23, 2016 in Editor's Pick, Media Releases, News with 0 Comments

Going into the election, the Business Council of Co-operatives and Mutuals is commending a few policy changes to all political parties. The concerns addressed here are shared by all parties and the solutions would lead to a stronger, more resilient Australian economy. In short, they are: Wind back red tape to allow start-up businesses, where […]




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Budget lays the foundations for quality jobs and sustainable growth beyond human resources

Budget lays the foundations for quality jobs and sustainable growth beyond human resources

By on May 4, 2016 in Editor's Pick, Media Releases, News with 0 Comments

The Business Council of Co-operatives and Mutuals welcomes the measures announced in the 2016 Federal Budget to support employee share schemes, self-employment, and entrepreneurship among youth. “In today’s gig economy, we are setting people up for repeated joblessness unless they are able to take greater control over their place in the workforce, by becoming co-invested, financially […]




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