Source Business Directory
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Politics

Economic Contribution of NFPs Significant for Policy Deliberations


Wednesday, 15th October 2014 at 12:10 pm
Xavier Smerdon, Journalist
The size of the Australian Not for Profit sector and its economic significance should not be lost on the Federal Government in its policy deliberations, a forum in Melbourne has been told.

Wednesday, 15th October 2014
at 12:10 pm
Xavier Smerdon, Journalist


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Economic Contribution of NFPs Significant for Policy Deliberations
Wednesday, 15th October 2014 at 12:10 pm

The size of the Australian Not for Profit sector and its economic significance should not be lost on the Federal Government in its policy deliberations, a forum in Melbourne has been told.

The forum was organised by the Australian Charities and Not-for-profits Commission (ACNC) Commissioner Susan Pascoe AM and Curtin University’s Professor David Gilchrist and Penny Knight to discuss the key findings of the recent  Curtin Charities 2013 Report.

The report commissioned by the ACNC and completed by Curtin University Not-for-profit Initiative and released in September revealed a complex Not for Profit sector that has grown by two per cent annually.

The report showed that Australian charities employ nearly one million people and that over 90 per cent of these are employed by only 10 per cent of charities.

The sector has a combined total income of more than $100 billion. Additionally, charities manage around two million volunteers.

The researchers told the Melbourne Forum that there is no evidence to support the inbuilt assumption or notion that charities and NFPs are less efficient that for-profit businesses and that a strong charity sector is a win-win outcome for Governments.

“Major changes in Government funding doesn't just affect service users, but can also impact thousands of jobs,” researcher Penny Knight said.

The researchers said what is needed is mature policy making based on recognition of the value of NFPs, respect and partnership.

The researchers said averages are not a good basis for policy and Australia needs to move toward developing policy from the specifics with leadership in the sector changing the tenor of the national discussion toward those specifics.

“Policies affecting charities and funding should consider the economic impact on the sector as a specific element,” Knight said.

“Better use of the information about its size and performance can help Government make better informed decisions about sector policy.”


Xavier Smerdon  |  Journalist  |  @XavierSmerdon

Xavier Smerdon is a journalist specialising in the Not for Profit sector. He writes breaking and investigative news articles.


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

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

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



YOU MAY ALSO LIKE

Charities Secure ASIC Exemption

Wendy Williams

Monday, 2nd July 2018 at 6:28 pm

Labor Demands Charities Stop Being Kept in The Dark

Wendy Williams

Friday, 29th June 2018 at 5:03 pm

It’s What We Do With #AidToo That Counts

Susan Pascoe AM

Thursday, 21st June 2018 at 8:30 am

David Locke to Lead Australian Financial Complaints Authority

Wendy Williams

Friday, 15th June 2018 at 12:42 pm

POPULAR

Australia Gets First Blockchain Charity

Wendy Williams

Wednesday, 4th July 2018 at 5:07 pm

Next-Gen Indigenous Leader Addresses UN Human Rights Council

Paul Carter

Wednesday, 4th July 2018 at 3:21 pm

Man Battling Cancer and Centrelink Raises Social Media Storm

Paul Carter

Tuesday, 10th July 2018 at 12:42 pm

New Research Looks to Improve Disability Employment Rate

Luke Michael

Monday, 9th July 2018 at 2:35 pm

Source Business Directory
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!