Sabina Curatolo says "This budget supports vulnerable Australians but has missed a significant opportunity to mobilise private capital to deliver greater positive social and environmental outcomes."
The pandemic has opened the door to a new wave of impact investing, writes Sally McCutchan in Pro Bono News' series of predictions about what the social economy can expect from 2021.
Sally McCutchan talks to Philip Bateman about the importance of an impact-lead economic recovery on Bravo Charlie and Pro Bono Australia's Smarter Impact video series.
Impact Investing Australia Director Rosemary Addis talks to Boardroom Media about the next evolution of responsible investment in the Pay It Forward series.
Sally McCutchan told Pro Bono Australia that most Australians weren't aware of the impact of their superfund. "People don't necessarily connect their super with having an impact on the future."
Sally McCutchan says while there were no new impact investing measures in this budget, the sector remains hopeful that the May 2021 budget will include a package directed toward the implementation of the recommendations of the Prime Minister’s Social Impact Investing (SII) Taskforce.
Sally McCutchan says COVID-19 has increased the pressure on the government's budget and heightened the need to focus on ensuring outcomes are delivered against spending and capital is catalytic in attracting private sector investment "both characteristics of impact investing".
Impact investing is critical for the global COVID-19 recovery and philanthropy has an important role to play in growing the movement, says Sir Ronald Cohen.
Directors Richard Brandweiner, Rosemary Addis and Louise Sylvan talk about impact investing, the changing role of directors and the need for boardroom discussions to revolve around society, not just the business and its bottom line in AICD's Company Director magazine.
CEO Sally McCutchan talks about the Government's role in enabling impact investing in Australia and other initiatives in today's Australian Financial Review