Labor promises to foster mutuals, co-operatives

02 May 2019

A new taskforce within Treasury would promote the growth of mutuals and co-operatives and have the power to instigate corporate governance reviews, if Labor wins on May 18.

Shadow assistant treasurer Andrew Leigh said mutuals and co-operatives were the “hidden gems” of the economy and had the potential to make society more egalitarian….

BCCM CEO, Melina Morrison, commented: “Rediscovering this transparent, member-owned business model can provide Australia with a model and a road map in an era in which we are all demanding more accountability of our institutions.”

Read the full article, Labor promises to foster mutuals, co-operatives, Australian Financial Review, 2 May 2019 

Latest news

29 January 2026

Fan ownership model supports long-term future for the Central Coast Mariners – as featured on ABC Central Coast

In an interview with Scott Levi on ABC Central Coast, BCCM CEO Melina Morrison spoke about how a fan‑based co‑operative could support the long-term future of the...
12 December 2025

Momentum for mutuals: a global signal for growth

The creation of the Mutual and Co-operative Sector Business Council marks a milestone in global recognition of member-owned business models.
12 December 2025

Communities revive local assets through co-operative ownership – as featured on ABC NewsRadio

Speaking on ABC NewsRadio, BCCM CEO Melina Morrison highlighted a growing trend of communities reclaiming local assets through co-operative ownership.