How many co-operatives are there in Australia?
In mid-2002, there were over 2,400 general co-operatives registered under the separate State Co-operative Acts in Australia. over ninety per cent of the general co-operatives in Australia were located in the mainland eastern seaboard states of NSW, Victoria and Queensland. By late 2001, there were 7 organisations registered under Corporations Law, which qualify as tax co-operatives under the Income Tax legislation. In July 2001, there were 209 credit unions in Australia; 18 building societies and 47 Friendly Societies.
