Oceania
Oceania
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AgricultureIndian dairy co-op Amul sponsors New Zealand cricket in ICC Champions Trophy
Team bosses hope the deal, follows a string of international sporting associations for Amul, will be the start of a long relationship
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BusinessAustralian apex body urges government to boost role of co-ops and mutuals
BCCM chief executive Melina Morrison says the co-op model could provide more stable, efficient services but has been ‘sidelined’ for 35 years
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AgricultureDairy co-op Murray Goulburn to axe jobs and plants as milk industry crisis continues
The Australian giant is to shed up to 360 workers, close three processing facilities and suspend divident payments
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Credit UnionsCredit unions set up foundation to help communities in Australia and Asia
The domestic projects will aim to help Australian children at risk of abuse or neglect or lacking adequate access to housing, medical care or education
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MutualsAustralian mutuals report progress over bid to change laws on working capital
Progress is being made on efforts to change Australian law to help mutuals raise working capital so they can fund growth and development, it has been reported. The Business Council of Co-operatives and Mutuals (BCCM) has...
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Banking and InsuranceMutuals and member-owned companies make list of most ethical companies
Several mutuals and customer-owned businesses have been placed on a list of the world’s most ethical companies. The list is compiled annually by the Ethisphere Institute, which measures the ethical practices of companies against its own...
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BusinessNew Zealand minister highlights role of co-ops in country’s economy
Co-operative business leaders from across New Zealand met in Auckland for a national forum on 3 March. Organised by Cooperative Business New Zealand, the event let co-operators share successful stories and learn from each other,...
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AgricultureCBH to maintain its co-operative structure
Australia’s biggest grain export and co-operative business, CBH Group, has ruled out a share market listing, saying the majority of members wanted to keep its co-operative structure. In February 2016 CBH’s board received a proposal from Australian...
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Co-ops create nearly a fifth of New Zealand’s GDP, major research project reveals
New Zealand’s co-operative economy has been comprehensively mapped for the first time, highlighting the importance of a movement with 1.4 million members and 48,500 workers. The New Zealand Co-operative Economy report, commissioned by sector body Cooperative Business New...
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Banking and InsuranceCustomer-owned banks thrive against rivals
Mutuals outperform and offer better value than competitor banks, according to a report from KPMG Australia. The firm’s annual Mutual Industry Review found strong asset growth of 7.8% for mutuals, compared to 5% for the overall banking...