2025 National Mutual Economy Report

19 June 2025

• Top 100 revenue up 8.4% to $47.7 billion
• Australian co-op sector has the potential to match UK ambitions and double in size
• Number of co-ops growing despite consolidation

Australia’s co-operative and mutual sector has ambitions to emulate its UK counterpart’s planned doubling in size, following a 8.4 per cent increase in annual revenue.

The latest National Mutual Economy (NME) report, published today by the Business Council of Co-operatives and Mutuals (BCCM), shows continued resilience by the sector against a backdrop of on-going global volatility and stabilising inflation.

The top 100 co-operatives and mutuals posted revenue of $47.7 billion in the year to June 30, 2024, up from $44 billion in the previous year.

Total revenue for the sector is now 38.6 per cent higher than in FY 2021, reflecting consistently robust growth during the post-Covid period and laying strong foundations for continued expansion.

“Australia’s co-operatives and mutuals continue to demonstrate their resilience despite challenging conditions both globally and domestically, reinforcing the strength of this under-appreciated business model,” said Melina Morrison, Chief Executive Officer of the BCCM.

The NME report includes a feature on the Care Together program, stating that the Care Together program is a powerful demonstration of how local communities can pool resources to help address complex issues through co-operation (p20-21). 

Read the National Mutual Economy (NME) report.