Tag: Senate inquiry

BCCM hails Senate probe’s call to cut regulation for co-ops in dairy

BCCM hails Senate probe’s call to cut regulation for co-ops in dairy

By on September 1, 2017 in Editor's Pick, Media Releases with 0 Comments

Business Council of Co-operatives and Mutuals CEO Melina Morrison today welcomed moves by the government to facilitate the establishment of new co-operatives in the dairy industry. “Cutting red tape will be a huge boost to the dairy industry, and hopefully will show the way forward to the broader economy,” said Ms Morrison, head of the […]




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Access to capital is a mutual objective

Access to capital is a mutual objective

By on March 17, 2017 in Editor's Pick with 0 Comments

The BCCM reports strong progress on advocating for key reforms to the Corporations Act to allow Australian mutuals to raise working capital to fund growth and development. On 9 March 2017 the BCCM held a roundtable with Martin Stewart, Director of Banks, Building Societies and Credit Unions at the Bank of England’s Prudential Regulation Authority. […]




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Senate recommends level playing field for co-ops and mutuals

Senate recommends level playing field for co-ops and mutuals

By on March 16, 2016 in Editor's Pick, Media Releases, News with 0 Comments

Co-operative leaders join with Dr John Hewson and Senators Chris Ketter, Bridget McKenzie, Nick Xenophon to celebrate the day of the inquiry hand-down. On 17 March, the Senate’s Economics References Committee handed-down their report into their examination into the role, importance, and overall performance of co-operative, mutual and member-owned firms, which has received strong industry endorsement as a […]




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It’s time to create a level playing field for the co-op sector

It’s time to create a level playing field for the co-op sector

By on March 15, 2016 in BCCM in the News, Editor's Pick, News with 0 Comments

In the past few weeks, the co-operative and mutual sector has garnered a lot attention following the proposed takeover bid of the country’s largest co-operative, CBH Group. Writing in the Business Spectator, Melina Morrison, CEO of the BCCM, has called for an even playing field for the sector with shareholder-owned businesses. Pointing to the modernity, efficiency, competitiveness, […]




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Regulatory bodies to face Senate committee public hearing

Regulatory bodies to face Senate committee public hearing

By on February 26, 2016 in Editor's Pick, Media Releases, News with 0 Comments

At a hearing today at Parliament House, the Senate Economics References Committee will question representatives of the Australian Securities and Investments Commission (ASIC), the Australian Tax Office (ATO) and the Australian Competition & Consumer Commission (ACCC) about whether their oversight and regulation of co-operatives and mutuals is appropriate and fair. At two previous public hearings […]




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Uneven playing field for co-ops highlighted on RN Breakfast

Uneven playing field for co-ops highlighted on RN Breakfast

By on February 3, 2016 in BCCM in the News, Editor's Pick, News with 0 Comments

There are many examples of communities turning to their own pooled resources to fill the gaps that governments neglect. More often, communities are now turning to the co-operative mutual model of enterprise to ensure their communities have the access to various critical services like healthcare, disability care, aged care and other vital services. However, there […]




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CMEs potential heard at Senate public hearings

CMEs potential heard at Senate public hearings

By on November 5, 2015 in Editor's Pick, News with 0 Comments

A lack of diversity and competition is holding back Australia’s economy while one of the solutions, co-operatives and mutuals, remains largely “invisible”, a Senate inquiry has heard. The Senate Economics Reference Committee established an inquiry into co-operatives, mutual and member-owned firms to explore the barriers facing the sector, as well as its potential to deliver […]




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Unprecedented opportunity for the co-operative sector

Unprecedented opportunity for the co-operative sector

By on October 29, 2015 in Editor's Pick, Media Releases, News with 0 Comments

Today, the Federal Senate Economics References Committee begins two days of public hearings as part of its inquiry into the role, importance, and overall performance of co-operative, mutual and member-owned firms in the Australian economy. The committee today, will hear evidence from 16 groups from the agriculture, banking and motorist mutual sectors, as well as […]




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Senate spotlight falls on hidden economy

Senate spotlight falls on hidden economy

By on July 10, 2015 in Editor's Pick, Media Releases, News with 0 Comments

In its submission to the Senate inquiry into co-operatives, mutuals and member-owned firms, the BCCM has called for a policy fitness principle to apply to co-operatives and mutuals when government is making policy, in the same way that this test is applied to small business and other parts of the economy. The Senate Standing Committees on Economics inquiry is […]




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