Australia's Leading Co-Operative and Mutual Enterprises in 2015
98 Pages Posted: 29 Nov 2017
Date Written: November 11, 2016
This paper reports on a research study that aims to map the size and structure of the Co-operative and Mutual enterprise (CME) sector in Australia through the development of an Australian CME Index (ACMEI), that can provide a better understanding of these firms and their economic and social contribution to the national economy. This year the study found a total of 1,983 active CMEs of which 89% were co-operatives, 8.9% mutual enterprises and the remainder member-owned superannuation funds. These firms have combined active memberships of over 29 million, generate more than $132.9 billion in revenue and manage over $650.4 billion in assets. They encompass a wide range of industry sectors and provide significant economic and social benefits to their members. The report outlines these contributions and offers case studies of selected CMEs to illustrate these contributions.
Keywords: co-operatives, mutual enterprises, Australia, Top 100
JEL Classification: M14, M19
Suggested Citation: Suggested Citation