🧀Bega Cheese, Employee Ownership Models + new Chasing Financial Equality Podcast!

Author

Hilary Callaghan
November 13, 2024

Now that my eldest daughter has finished her final HSC exam, she's ready to follow her passions: dismantling capitalism, the government, and restructuring society for greater equality. All in one quick move, of course. She tells me it will be easy - she just needs enough people onboard. I admire her conviction and how she sees past the obstacles that make most adults hesitate. Her generation has inherited huge challenges, but they also have an extraordinary capacity to envision and fight for change.

Unfortunately, I suspect she's just one bad university group project away from discovering that the 'easy part' - getting individuals with unique needs and motivations to align on both goals and approach - is often what holds us back most.

Social change requires many levers being pulled at once, with each person playing their part - whether as storytellers, guides, weavers, experimenters, frontline responders, visionaries, builders, caregivers, disruptors, or healers.

Economic change is no different. From the Circularity movement to Doughnut Economics, Employee Ownership Models, Banking Transformation and everything in between, progress depends on coming together to create better lives for everyone, both in the pragmatic present and the utopian future.

Circularity: Beyond Reduce, Reuse, Recycle

It's easy to assume the Circularity movement is about reducing plastic bags, getting 10c for your bottle recycling, but it's much bigger than that. Circularity looks at systemic change to create closed loop systems. It reimagines our economy around reusing resources and eliminating waste, creating systems where nothing goes to waste and everything has value. 

📢ICYMI: #bankingonvalues Day 2024

For this year's #bankingonvalues Day (7th November) the theme is  'Transforming Banking. Transforming Lives'. Values-based banking puts purpose before profit, driving positive change for people and planet through finance that matters. Catch up here:

🎙️Podcast: Chasing Financial Equality with Lacey Filipich

Kane spoke with Maslow's very own Lacey Filipich, Head of Financial Wellness, shared her raw and hopeful tale of transformation that will leave you questioning the foundations of our financial system, the way we think about work and what really matters in life đźŽ§Listen here

Highlights Include:

  • The pivotal moments that had Lacey asking questions most don’t arrive at until it’s too late

  • How systemic barriers keep people trapped in financial stress

  • Why financial literacy doesn’t solve systemic problems which disproportionately target the most vulnerable

  • How over-promoting financial education places the burden of a broken system solely on individuals

  • How the finance industry can and must evolve to serve everyone, not just the privileged few.

  • Why humanity needs a more equitable financial landscape (hint: it has to do with happiness).

🧑🏿‍🤝‍🧑🏼Exploring Employee Ownership Models 

Employee-owned companies typically pay better, share profits more widely, and build healthier workplaces. By distributing wealth across their workforce rather than to a few shareholders, they create stronger communities and more sustainable economic growth. Find out more:

🌏Keeping up with Kane 

This week, alongside reading the last newsletter and hosting the Chasing Financial Equality Podcast, Kane's been reading:

Catch more of what he's reading and writing on LinkedIn.

đź“…Don't miss these important dates 

Catch you next week friends!

Hilary