State snapshot – South Australia co-operative and mutual sector

17 June 2026

Data for the organisations below is sourced from the National Mutual Economy Report 2026, BCCM’s annual report on the size and contribution of Australia’s co‑operative and mutual sector, including the Top 100 list for the year to 30 June 2025.

SA co-operatives and mutuals in the Top 100

11 SA co-ops and mutuals rank among Australia’s Top 100. These co-ops and mutuals have a combined revenue of $2.51 billion and hold $16.71 billion in assets under management.

Top 10 SA co-operative and mutual enterprises by turnover

1. People First Bank* – Financial Services, $1.39 billion
2. Beyond Bank Australia – Financial Services, $599.0 million
3. Almondco Australia – Agribusiness, $311.7 million
4. National Pharmacies – Health Services, $304.9 million
5. Police Health – Health Insurance, $284.9 million
6. RAA – Motoring Services, $263.6 million
7. Health Partners – Health Insurance, $237.5 million
8. MIGA – Financial Services, $117.9 million
9. Credit Union SA – Financial Services, $116.9 million
10. Master Butchers Co-op – Purchasing Services, $106.5 million

* The registered office of People First Bank is located in Toowoomba QLD. The bank, however, maintains co-headquarters in Adelaide, SA. By gross turnover, People First Bank ranks first among co-operatives and mutuals listed in South Australia. To avoid duplication error, figures and data relating to People First Bank, as stated above and throughout the NME report, are assigned to Queensland in totals and aggregated data. All totals and aggregated data relating to South Australia exclude People First Bank.

Download the full South Australian co-operative and mutual sector snapshot FY2024–25.

Read our other Sector and State Snapshots, watch the NME 2026 video and see past reports.

Read the full 2026 National Mutual Economy (NME) report.