Australia’s Bunya Fund for co-op development opens for new applications

19 March 2024

BCCM says the fund plays a pivotal role in supporting a range of projects that embody the co-operative spirit across different communities.

The Bunya Fund for co-op development in Australia has opened for its third set of applications, after two rounds of funding supported 16 new and emerging co-ops in 2023.

The Business Council of Co-ops and Mutuals (BCCM), the sector body for Australian co-ops, says the fund “plays a pivotal role in supporting a range of projects that embody the co-operative spirit across different communities in Australia”.

It added: “From community living and affordable housing to sustainable agriculture and vocational training, these initiatives contribute to shared social, economic, environmental and cultural development.”

The Bunya Fund, Australia’s first co-operative development fund, was created to help grow the next generation of high impact co-ops and mutuals. Founding funders include Bank Australia, Australian Unity and Co-operative Bulk Handling (CBH).

Read the full article, Australia’s Bunya Fund for co-op development opens for new applications, Co-operative News, 19 March 2024

Latest news

30 July 2024

Co-op housing on The Project

The Project covered co-op housing last night showing the growing interest in affordable housing models that offer an affordable and desirable alternative to private...
29 July 2024

Letter to the SMH: Co-op housing

"Earlier this year, I went on a study tour of European housing co-operative sectors, which provides first-class, affordable, secure housing."
22 July 2024

Talking food co-operatives on ABC Radio Adelaide

The advantages of co-op supermarkets, their operational mechanisms and the challenges they encounter on ABC Radio's SA & NT Evenings program.