AUSTRALIAN CREDIT UNIONS AND THE DEMUTUALIZATION AGENDA

Kevin DAVIS

Annals of Public and Cooperative Economics, 2007, vol. 78, issue 2, pages 277-300

Abstract: There is a strong prospect of widespread demutualization occurring in the Australian credit union industry in coming years. This paper explains the reasons for this phenomenon, identifies some potentially undesirable social consequences, and examines the relative merits of alternative types of demutualization process. It identifies a number of principles which warrant reflection in the design of legislation addressing demutualization processes. Copyright 2007 The Authors Journal compilation © CIRIEC 2007.

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