VIC

Posted in: VIC, Co-ops & Government
Profiling Victoria's Co-operatives
By David Griffiths
Sep 6, 2008 - 7:20:59 PM

There are currently 751 incorporated co-operatives in Victoria. Most co-operatives do not employ staff and, therefore, rely on volunteer labour.(p i)

The number of co-operatives on the register appear to have stabilised over the last five years or so, at around 750 co-operatives, after a decline of about 16 per cent over the numbers on the register 5 years earlier. ( p 14)

The reduction from 1997 to 2002 was due to the Registrar canceling the registration of co-operatives that no longer existed. ( p 14)

The percentage of outstanding annual reports is 46.5% (or 53.5% compliant). ( p 17)

The total no of co-operatives as at 31 May 2008 was 734 and may be classified into the following categories: ( p 55)

• Trading with shares 133
• Non trading with shares (Government Guaranteed) 242
• Non Trading with shares 262
• Non Trading without shares 97

Of 308 co-operatives with revenue of A$30,000 or more per annum in any year in the period 2005/08 figures were extracted from aqnnual reports lodged by co-operatives and should be consudere indicative figures: (p 55)

Income $	No of co-operatives
$30,000-$100,000	70
$100,000-$200,000	93
$200,000-$500,000	44
$500,000-$!m	41
$1m-$2m	20
$2m-$10m	27
$10m-$100m	8