In 1974, a small group of 17 Western Australian service station owners gathered with a shared vision: to increase their collective buying power and level the playing field against big multinational oil companies. They formed Capricorn Society Cooperative, a member-owned organization built on cooperative principles designed to support small businesses in the automotive repair industry. What started as a meeting of Golden Fleece service station proprietors in South Perth has grown into Australasia's largest repair industry cooperative.
Today, Capricorn serves over 30,000 Members across Australia and New Zealand, supported by a network of more than 2,000 Preferred Suppliers. The cooperative provides comprehensive business solutions including a Trade Account with instant credit and consolidated invoicing, Capricorn Rewards, equipment finance, insurance through Capricorn Mutual, travel services, and business protection products. Members also benefit from trade rebates, dividends when declared, and regular networking events. Operating as a genuine cooperative means Members are also owners, eligible to share in the organization's success. Fifty years after its founding, Capricorn continues to evolve while remaining true to its core mission of helping Members build stronger businesses through the power of working together.