The year 1966 was a watershed moment for the credit union movement in Australia. According to data from the Australian Mutuals Archives, 63 credit unions were formed in that single … Read more
An independent review of the Customer Owned Banking Code of Practice (the Code) is officially underway with the release of a consultation paper inviting customers, advocates, and industry stakeholders to … Read more
Australia’s banks and finance firms are joining forces with Australia’s leading financial safety by design expert, to prevent financial abuse, with the launch of the Financial Safety Alliance. The Financial … Read more
The Customer Owned Banking Association (COBA) has commenced a comprehensive, independent review of the Customer Owned Banking Code of Practice (the Code) to ensure its standards remain robust and contemporary … Read more
The World Credit Union Conference (WCUC) is coming to Sydney next July for the first time in its history. This major international event will be co-hosted by the World Council … Read more
Now in its 38th year, KPMG’s latest review of the mutual banking sector in 2025 considers how innovation rooted in purpose can contribute to the long-term advancement of the sector. … Read more
The Customer Owned Banking Association (COBA) is pleased to announce Patrick Ashkettle as the new Industry Representative on the Customer Owned Banking Code Compliance Committee (COBCCC), with his term commencing … Read more
Credit unions, mutual banks, building societies – there are several different terms used to describe Australia’s customer-owned banking sector, which caters to more than 5 million Australians today. Here, we … Read more
A new global report from the World Council of Credit Unions (WOCCU) offers new insights on the customer-owned sector, which now caters to more than 412 million people around the … Read more
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