Australian co-operative and mutual businesses have outperformed their ASX listed counterparts in 2019, according to new research by the Business Council of Co-operatives and Mutuals (BCCM).
In its seventh edition, the National Mutual Economy (NME) Report shows that in 2019, the top 100 CMEs had a turnover of AU$33.9bn, an increase of 6.3% on the previous year – in spite of a slowing Australian economy across the reporting period. The report is produced by the BCCM in collaboration with the University of Western Australia.
Continue reading: Top 100 Australian co-ops and mutuals had a turnover of AU$33.9bn in 2019
TheNews.coop, 18 January 2021