NZ’s housing crisis could be alleviated by the formation of housing co-operatives which have proven successful overseas but are strangely absent here in New Zealand, writes Cooperative Business NZ CEO Craig Presland.
Over one billion people worldwide have no access to electricity while less than 10% of energy usage globally is being generated from renewable sources. Both figures are highly alarming, writes Cooperative Business NZ CEO, Craig Presland. Despite the quest globally to develop and utilize renewable energy, we still have almost 90% generated by the burning of fossil fuels (33% by oil, 30% by coal and 24% by natural gas).
The theme of this year’s International Day of Co-operatives (6th July) is COOPS 4 DECENT WORK. The International Cooperative Alliance (ICA) is shouting out the message that co-ops are people-centred enterprises characterised by democratic control that prioritise human development and social justice within the workplace.
In recent weeks I have been reading various debates in the media about the cooperative business model and, in particular, capital raising. This is essentially about the inherent tension between investment in operations and market development on the one hand and competitive payments to the shareholder suppliers on the other. A lot of the debate seems to involve our dairy industry.
Did you know that at least 12% of all people on earth is a co-operator with at least one of the world’s 3,000,000 co-operatives? That includes one in every three Kiwis. The sheer scale of the global co-operative movement is awesome with co-ops employing one in ten workers – that’s 280,000,000 people. And, as the World Co-operative Monitor confirmed, the world’s top 300 co-ops and mutuals reported annual turnover of more than US$2,100,000,000,000.
Endurance is at the heart of cooperatives globally, this trait also being very evident here in NZ, writes Cooperative Business NZ Chief Executive, Craig Presland.
Prime Minister Rt Hon Jacinda Ardern has praised the initiatives taken by the New Zealand co-operative sector to help meet the United Nations’ Sustainable Development Goals (SDG’s).
The cabinet minister responsible for economic development is a fan of the co-operative business model and is keen to see Kiwi co-ops take advantage of the tax credits on offer by investing more in research and development.
ieRetail is a leading specialist provider of training design and delivery, capability development programmes and business optimisation services to the retail, supplier and services industries in New Zealand. Established in 2003, its New Zealand business, with a solid co-op client base, has expanded to include clients in the EU, UK, USA, Australia, and South Africa, covering a diverse range of major companies.
Faraday is a member of The Advisory Board Centre, an independent body that educates companies on how they establish, work and benefit from professional advisory boards. It also supports a network of 200 certified chairs, approved advisors and experts that service the companies in business specific challenges and opportunities. These include growth, raising capital, and family members wanting to exit the business.