Media Releases

$100 million Commonwealth Outcomes Fund and Social Enterprise Development Initiative – critical steps to growing impact investment

Impact Investing Australia, the nation’s peak body for impact investment, welcomes the Federal Budget initiatives to address entrenched social disadvantage through impact investment, including $100 million for a Commonwealth Outcomes Fund, an $11.6 million Social Enterprise Development Initiative and a $210 million expansion over four years to expand the Emerging Markets Impact Investment Fund (EMIIF).

Government action needed to drive Australia’s inclusive economy

Impact Investing Australia welcomes the federal budget’s support for vulnerable Australians, but is disappointed the Government has missed a significant opportunity for catalytic action to drive private resources to address social and environmental issues. “The Australian Government has stopped short when more than ever it needs

Leaders call for urgent action to save billions of people from further hardship by putting impact at the heart of the Covid-19 economic recovery

Read the full Leaders’ Declaration here.  Over 300 CEOs, executives, business leaders, philanthropists and government figures have signed a Declaration calling for urgent action towards a just and impact-led Covid-19 economic recovery that serves all people and preserves our planet. Outlining solutions identified by the impact investment

Leadership transition heralds next stage in impact investing market

After 6 years, Australian Advisory Board on Impact Investing (AAB) Chair and Founder, Rosemary Addis, will refocus her market building efforts at the global level, including as a Trustee of the Global Steering Group for Impact Investment (GSG). Ms Fabienne Michaux and Mr Richard Brandweiner will take over as interim co-chairs in Australia and lead a search for a new Chair.

Government urged to act quickly to scale Impact Investment

The Australian Advisory Board on Impact Investing (AAB) and Impact Investing Australia (IIA) welcomed the Australian Government’s commitment to a centralised government approach to Impact investing with the announcement of $5 million for a Taskforce and urged the Government to leverage the substantive work already done by the AAB to move quickly to action to drive scale.

Government grants will enable for-purpose businesses to grow their impact

Impact Investing Australia (IIA) was today announced as the selected administrator of the $7m Australian Government Sector Readiness Fund (SRF) to enable for-purpose businesses to grow their impact. For the last 3.5 years, IIA, a not-for-profit organisation supporting the Australian Advisory Board for Impact Investing in growing the impact investing market, has been managing the Impact Investment Ready Growth Grant. This program was initially seed funded by National Australia Bank.

Impact investing market building enters next phase

The growing market for investments that deliver measurable social and environmental outcomes is entering the next phase of development, with the first stage of strategy now complete and a deeper focus on delivering flagship market building initiatives going forward. “Since we launched the Australian Advisory Board on