Take Survey
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Finance

Full Indexation is a ‘Great Win’ For SA Community Organisations


Monday, 3rd July 2017 at 4:45 pm
Wendy Williams, Editor
A funding “shake-up” that will see full indexation on not-for-profit funding contracts in South Australia has been greeted as a “great win” for community organisations.


Monday, 3rd July 2017
at 4:45 pm
Wendy Williams, Editor


1 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Full Indexation is a ‘Great Win’ For SA Community Organisations
Monday, 3rd July 2017 at 4:45 pm

A funding “shake-up” that will see full indexation on not-for-profit funding contracts in South Australia has been greeted as a “great win” for community organisations.

State treasurer Tom Koutsantonis announced at the South Australian Council of Social Service Post-Budget Breakfast on Thursday that the state government would now provide full indexation on not-for-profit funding contracts.

From 1 July all contracts will have full indexation included with an indexation rate of 2 per cent for 2017-18 and 2018-19, and 2.5 per cent for 2019-20 and 2020-21.

The move, which promises to give consistency across the whole of government and certainty over the amount of funding in multi-year contracts, was welcomed by SACOSS, together with Volunteering SA and NT, Conservation SA, the Arts Industry Council SA and Sport SA.

SACOSS CEO Ross Womersley said the new policy would be a great benefit to the not-for-profit sector and would ensure the value of funding of services was not diminished over time.

“This is a great win for SA community organisations and comes on the back of years of some government departments not passing on the full rate of indexation of funding they received,” Womersley said.

“In the worst cases we had contracts which included indexation but the rate was 0 per cent.”

The decision to guarantee the sector funding increases over the next four years puts an end to the year-to-year uncertainty faced by not for profits over government support.

Previously, the sector was forced to negotiate with the government each year over the extent of the increase.

Evelyn O’Loughlin, CEO Volunteering SA and NT, said the government’s commitment to the sustainability of the sector was “a welcome decision” that followed years of campaigning.

Conservation SA CEO Craig Wilkins said the move was “only fair”.

“Community and for-purpose organisations provide incredible value delivering essential services across the state,” Wilkins said.

“It’s only fair that funding keeps pace with inflation.”


Wendy Williams  |  Editor  |  @WendyAnWilliams

Wendy Williams is a journalist specialising in the Not for Profit sector.


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

One Comment

  • Sonja says:

    Lots of church run NFP doing it tough and rough….have the potential for great turnover in there kitchens…if only politicians and the like new what is was like to live on $2.00 a day!!

Write a Reply or Comment

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



YOU MAY ALSO LIKE

Disability Advocates Call For NDIS Funding Certainty

Luke Michael

Monday, 29th October 2018 at 4:42 pm

Not Waiting for Lighting to Strike Twice

David Crosbie

Thursday, 16th August 2018 at 7:45 am

Tapping Ambitious Philanthropy

Andrew Cairns

Thursday, 2nd August 2018 at 7:30 am

Mental Health the Poor Cousin of the Health System

Contributor

Tuesday, 22nd May 2018 at 11:29 am

POPULAR

Report Uncovers Shocking Abuse and Neglect of Adults With Disability

Luke Michael

Monday, 5th November 2018 at 5:29 pm

White Ribbon CEO Puts Hasty Departure Down to Culture Clash

Maggie Coggan

Monday, 12th November 2018 at 5:49 pm

Google Awards Millions to Groups Harnessing Technology For Change

Maggie Coggan

Friday, 2nd November 2018 at 5:50 pm

Government Backtracks on Cuts to Food Relief Charity

Maggie Coggan

Monday, 12th November 2018 at 5:42 pm

Take Survey
pba inverse logo
Subscribe Twitter Facebook

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

You have Successfully Subscribed!