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NFP’s PLACE IN SOCIETY & ECONOMY 29 July 2012 Victor Hamit FAICD Wentworth Lawyers Level 40 140 William Street MELBOURNE 3000 Email: [email protected] 27 – 29 July 2012 Melbourne Convention & Entertainment Centre 1. 2. 3. 4. 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 REFORM FATIGUE NFP’S PLACE IN SOCIETY & ECONOMY 1. 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 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 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 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. NFP’S PLACE IN SOCIETY & ECONOMY 2. 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? NFP’S PLACE IN SOCIETY & ECONOMY 3. MICRO LEVEL 3.1 Sporting facilities and clubs and Local Government. 3.2 Local Government and community services. 3.3 Health and Medicare Locals NFP’S PLACE IN SOCIETY & ECONOMY 4. REFORM FATIGUE 4.1 Political activities and lobbying. 4.2 Peak bodies. 4.3 Policy Partnerships. 4.4 2020 NFP’s PLACE IN SOCIETY & ECONOMY 29 July 2012 Victor Hamit FAICD Wentworth Lawyers Level 40 140 William Street MELBOURNE 3000 Email: [email protected] 27 – 29 July 2012 Melbourne Convention & Entertainment Centre
