Close Search
 
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Third Sector in Continuing Discussions with Feds on Economic Downturn


2 February 2009 at 1:54 pm
Staff Reporter
Third Sector representatives lead by welfare groups have been assured of continuing discussions with the Federal Government and in particular, the Deputy Prime Minister, Julia Gillard over the impact of the global financial crisis in Australia.

Staff Reporter | 2 February 2009 at 1:54 pm


0 Comments


 Print
Third Sector in Continuing Discussions with Feds on Economic Downturn
2 February 2009 at 1:54 pm

Third Sector representatives lead by welfare groups have been assured of continuing discussions with the Federal Government and in particular, the Deputy Prime Minister, Julia Gillard over the impact of the global financial crisis in Australia.

A meeting in Sydney last week offered sector leaders the opportunity to give a frontline perspective on the effects of the current economic climate and to identify key areas that need to be examined and addressed.

Acting Prime Minister Gillard said after the meeting that she wants to make sure there is a continuing body of discussion so that what is being learned on the ground by the Not for Profit sector can come straight to the ears of government.

ACOSS CEO Clare Martin says the meeting was able to give genuine feedback to government especially since the pressures of 18 months ago, which were about rising interests rates, have changed considerably to the impact of unemployment, emergency relief and the need for financial counseling.

Martin says the meting highlighted the increased pressure on welfare and service organisations with many Not for Profits being asked for financial advise that they just don’t have any expertise in.

She says one of things discussed with Julia Gillard was using the resources of the banks and people leaving the financial services industry to assist Not for Profits in providing this type of advice.

Given that banks were given such strong support from the Federal Government in the first days of the collapse of the US financial markets, Clare Martin says one idea put on the table was that banks be required to be more sympathetic to individuals and families now in mortgage stress due to unemployment.

Martin says the Deputy Prime Minister has agreed to sit down with the sector for a discussion every month in the spirit of ‘what can we all do’ to help and resolve these financial crisis issues.



PB Careers
Get your biweekly dose of news, opinion and analysis to keep you up to date with what’s happening and why it matters for you, sent every Tuesday and Thursday morning.

Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers? Get in touch at news@probonoaustralia.com.au or download our contributor guidelines.

Advertisement

Virtual Congress - CPA Australia

Tags : Finance,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

New $100 bill a win for blind and low vision Aussies

Luke Michael

Saturday, 31st October 2020 at 8:30 am

Government pledges to make NDIS more accessible for Indigenous communities

Luke Michael

Friday, 30th October 2020 at 4:55 pm

UK issues sex ban for aid workers

Luke Michael

Friday, 30th October 2020 at 4:40 pm

How to nail a job interview when you’re out of practice

Maggie Coggan

Friday, 30th October 2020 at 2:01 pm

pba inverse logo
Subscribe Twitter Facebook
×