Community banks in Australia: an innovative approach to social and economic wealth creation? Online publication date: Mon, 02-May-2005
by Graeme Byrne, Maureen Rogers, Earl Jobling, Rhett H. Walker, Lester W. Johnson
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 5, No. 5/6, 2005
Abstract: Community banks in Australia are a recent new phenomenon. Their ownership structure and operational model, however, suggest an innovative approach to social and economic wealth creation is different from that typical of community and cooperative banks elsewhere in the world. In this paper, we explain and discuss distinctive features of these community banks and how their business model may be adapted elsewhere.
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