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Reform for Charities and Not-for-profits

Reform for Charities and Not-for-profits. Linda Lavarch Chair, NFP Reform Council . Why is the NFP sector important? . The economic influence of NFPs. Employment per sector 2006/7 and 2009/10 Average annual growth 2006/7 and 2009/10. 2.9%. -1.7%. 5%+. 2006/7. 0.7%. 2009/10. Million.

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Reform for Charities and Not-for-profits

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  1. Reform for Charities and Not-for-profits Linda Lavarch Chair, NFP Reform Council

  2. Why is the NFP sector important? The economic influence of NFPs Employment per sector 2006/7 and 2009/10 Average annual growth 2006/7 and 2009/10 2.9% -1.7% 5%+ 2006/7 0.7% 2009/10 Million 2006/7 -1.2% 2009/10 estimate 7.2% Sources: ABS, Australia Industry 2004/5, 2005/6, 2006/7, 2007/8, 2008/9, 2009/10 ABS, Australian National Accounts, Non-profit Institutions Satellite Account 1999/2000, 2006/7 * NFP 2009/10 estimated on average annual growth rate from 1999/2000 to 2006/7

  3. Three key foci of the reform agenda

  4. ACNC Functions • Registration - One Stop Shop • Information - Portal - Charity Passport (Report once/use often) • Compliance • Education

  5. ACNC – Regulatory approach Regulatory approach: • Light-touch, risk-based, evidence-based approach • Provide information, guidance and education • Use graduated powers, provide opportunity for self-correction Regulatory Principles: • proportionality, • transparency, • fairness, • timeliness, and • consistency.

  6. ACNC – Key dates • Soon -Commencement of the ACNC -Education and advice materials available -Registration of new and existing charities from ATO -Continuing negotiations with State and Territory Government agencies • From 1 July 2013 -ACNC Information Portal enabled -Statutory definition of charity -National approach to fundraising regulation • Beyond 2013 -Charity Passport -Online lodgement of annual information statements

  7. National approach to fundraising

  8. Statutory definition of charity

  9. Volunteering National Volunteering Strategy ― Nov, 2011 • Sets a vision for the sector over next 10 years • 6 focus areas ―respond to trends, harness technology, reduce red tape, strengthen advocacy, management and training, recognise & value volunteers • 4 short term projects ―Youth video competition; GoVolunteer online data sharing system; high school volunteering; and MPs national volunteer awards campaign Work Health & Safety • Harmonised work health and safety laws commenced 1 Jan 2012 • All states except Vic have already adopted or committed to adopt

  10. Tax Matters • Better Targeting Tax Measure • ‘In Australia” Special Measure • NFP Tax Concession Working Group Discussion paper

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