Recent articles in our newsletter on the issue of employee share ownership, have generated considerable interest. Read more on ESO in Australia

In Europe and North America, where community economic development processes are most advanced, the long-term economic benefits of employee ownership are widely recognised. The low rate of growth of employee ownership in Australia (as distinct from employee share schemes in the larger public companies) remains a puzzle.

"The evidence is there that employee ownership is a viable local economic strategy needed by local economies in Australia. To introduce and support it in local economic development activity, a "Call for Partners" has been made to participate in the establishment of an Employee Ownership Development Agency along the lines of those operating in other countries... If you think you can make a contribution to these developments, I would be keen to hear from you," Alan Greig, Social Enterprise Technologies (SENTECH). Please contact ahgreig@bigpond.com.au.

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