Traditional institutions like the Union Cooperative Society Ltd incorporating the Paddington Workers Club and the Brisbane Workers Community Centre exist. It is a member-owned organisation that aims to improve the social and economic well being of its members and their community and was formed in 1965 to protect the incomes of workers from rising prices by providing goods and services at the lowest possible cost. While the Cooperative has largely moved out of retail there is still a small bar which doubles as a live venue but otherwise it is now a financial organisation that cares for members' financial interests.