The 2018 Annual Information Statement will be available in late October 2018, after the launch of the new ACNC website and Charity Portal. The ACNC Commissioner has exercised his discretion to extend the reporting due date for charities impacted by the delayed release. All charities that have a due date between 31 December 2018 and 28 February 2019 now have…

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Following debate over the Australian Stock Exchange Corporate Governance Council’s proposal to include a “social licence to operate” in its Corporate Governance Principles and Recommendations, Kyrn Stevens looks at what is being proposed. The council’s draft fourth edition of the principles and recommendations, released in May, was met with a strong debate. Shareholder groups, big super funds and the Australian…

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For years, making a profit and doing good in the world were regarded as separate – if not contradictory – objectives. The assumption was that corporate social responsibility (CSR) came at a cost; namely a less competitive business that resulted in lower investor returns. In fact, “ethical” investments are consistently outperforming their more traditional counterparts in the broader market –…

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In the 2018-19 Budget, the Government announced it will modernise the Australian Business Register (ABR) and the 31 Australian Securities and Investments Commission (ASIC) business registers onto a single platform that will be administered by the Australian Business Registrar within the Australian Taxation Office (ATO). To view more detail or to make a submission to Treasury consultation, click here.

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From 1 November 2018, all Department of Human Services (DHS) screenings for volunteers, including volunteering with children and vulnerable people will be free. Currently, the cost of a DHS volunteer screening is $59.40, which is paid by either the volunteer or the organisation they’re volunteering for. South Australia is fortunate to have one of the highest volunteering rates in Australia,…

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The recent draft Taxation Ruling: the “in Australia” requirement for certain deductible gift recipients (DGR) and income tax exempt entities (TR 2018/D1) may have left some people scratching their heads. After all, isn’t it obvious what “in Australia” means? And why is the tax ruling so important? In fact, the definition of “in Australia” may have a significant impact on…

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There are a lot of things Eman Sharobeem is not: she is not a child bride. She is not a psychologist. She is not a doctor. She is not a PhD … (either once or twice.) But according to the corruption commission, there is one thing she definitely is – corrupt. The former head of two publicly funded not-for-profit services…

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A first-of-its-kind initiative has been launched to address youth unemployment in regional NSW and in Sydney. Not-for-profit SYC has partnered with Social Ventures Australia (SVA) and the New South Wales government to launch Australia’s first Social Impact Bond (SIB) addressing youth unemployment. The Sticking Together Project (STP) has secured a $10m social impact investment from the NSW Government to support…

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ACOSS and CHOICE have released a research report that shows the damage of increased competition in human services A research report into the increased competition into human services has found that it fails to deliver better outcomes for people. The Competition Policy and Human Services: Where Theory Meets Practice assessed two areas of human service where various combinations of choice,…

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