17 June 2015
The Customer Owned Banking Association (COBA), have further increased their fight against any proposed introduction of a deposit tax by the Federal Government by launching a national television and radio advertisement campaign:
The campaign entitled, Save Your Savings, states that the proposed tax is anti-saver, anti-competitive and against the recommendations of the independent Financial System Inquiry (FSI). Furthermore COBA, a BCCM member, has pointed to independent polling commissioned by the association that shows 79% of those polled were against any deposit tax.
This follows COBA’s call for the Federal Government to complete its tax review before any changes to deposit taxes are considered.
Latest news
15 April 2026
From co‑operatives to crisis: how Australia surrendered control of its fertiliser supply
A century after farmer co‑operatives built a sovereign fertiliser industry from scratch, Australia now imports 85 per cent of what it needs.
26 March 2026
Co-ops and Mutuals poised to build a more resilient economy for Tasmanians
The BCCM would welcome political support in Tasmania to help expand the sector’s impact across economic areas such as housing, manufacturing, energy, agriculture, small...
25 March 2026
Parliamentary Friends reception showcases the national importance of producer co‑operatives
The BCCM in partnership with CBH Group, hosted members, parliamentarians and industry leaders at Parliament House for the Parliamentary Friends of Co‑operatives and...