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Victor Hamit FAICD Wentworth Lawyers Level 40 140 William Street MELBOURNE 3000

NFP’s PLACE IN SOCIETY & ECONOMY 29 July 2012. Victor Hamit FAICD Wentworth Lawyers Level 40 140 William Street MELBOURNE 3000 Email: admin@wentworthlawyers.com.au. NFP’S PLACE IN SOCIETY & ECONOMY. OVERVIEW 1.1 Intergenerational Report 1.2 Productivity Commission

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Victor Hamit FAICD Wentworth Lawyers Level 40 140 William Street MELBOURNE 3000

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  1. NFP’s PLACE IN SOCIETY & ECONOMY 29 July 2012 Victor Hamit FAICD Wentworth Lawyers Level 40 140 William Street MELBOURNE 3000 Email: admin@wentworthlawyers.com.au

  2. NFP’S PLACE IN SOCIETY & ECONOMY OVERVIEW 1.1 Intergenerational Report 1.2 Productivity Commission 1.3 AICD/Centre for Social Impact POLITICS AND CHARITY MICRO LEVEL 3.1 Sporting Facilities 3.2 Community Services 3.3 Medicare Locals 4. REFORM FATIGUE

  3. NFP’S PLACE IN SOCIETY & ECONOMY • OVERVIEW 1.1 Australia to 2050: FUTURE CHALLENGES January 2010 • number of working age people to support each Australian aged 65 or more • 2050: 2.7 • 2010: 5 • 1970: 7.5

  4. NFP’S PLACE IN SOCIETY & ECONOMY 1.1 Australia to 2050: FUTURE CHALLENGES cont’d Estimated population 35.9m Ageing population % of population of traditional working age to fall from 65% to 61% Productivity Health costs

  5. NFP’S PLACE IN SOCIETY & ECONOMY • 1.2 PRODUCTIVITY COMMISSION: • “Report on Contribution of the Not-for Profit sector – January 2010 • Number of NFP’s • 1996 – 520,000 • 2010 – 610,000 • Contribution to GDP • 2000 - $21b • 2000 – 3.3% of GDP • 2007 - $43b • 2007 – 4.1% of GDP • Volunteers contributed in unpaid work • 2000 - $8.9b • 2007 - $14.6b

  6. NFP’S PLACE IN SOCIETY & ECONOMY • 1.3 AICD/CENTRE FOR SOCIAL IMPACT • “Directors Social Impact Study 2011” • Examining the Contribution of Directors to Australia’s NFP Sector” • NFP NED’s each spend approximately 7 weeks per year as directors of NFP. • 89% of NFP NED’s voluntary (valued at $100m annually) • NFP NED’s skills comparable to those of FP directors.

  7. NFP’S PLACE IN SOCIETY & ECONOMY • POLITICS AND CHARITY • Aid/Watch Inc v Commissioner of Taxation [2010] HCA 42 at para 48: the majority judgement stated: • “……..in Australia there is no general doctrine which excludes from charitable purposes “political” objects .....” • Is there a link between the decrease in membership of political parties (by nearly 50% and the growth of NFP’s?

  8. NFP’S PLACE IN SOCIETY & ECONOMY • MICRO LEVEL • 3.1 Sporting facilities and clubs and Local Government. • 3.2 Local Government and community services. • 3.3 Health and Medicare Locals

  9. NFP’S PLACE IN SOCIETY & ECONOMY • REFORM FATIGUE • 4.1 Political activities and lobbying. • 4.2 Peak bodies. • 4.3 Policy Partnerships. • 4.4 2020

  10. NFP’s PLACE IN SOCIETY & ECONOMY 29 July 2012 Victor Hamit FAICD Wentworth Lawyers Level 40 140 William Street MELBOURNE 3000 Email: admin@wentworthlawyers.com.au

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