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The Australian Charities and Not-For-Profits Commission: Implications of a New National Regulator in Australia

December 2012
CharityCharity

Abstract

After several major Commonwealth government inquiries – the the Productivity Commission: Contribution of the Non Profit Sector (2009), Henry Tax Review (2010), the Senate Economics Committee Inquiry into Disclosure Regimes for Charities (2010), Senate Economics Committee Inquiry into Finance for the Not-for-Profit Sector (2011) and the Commonwealth government’s announcement of the creation of the Australian Charities and Not-for-Profits Commission (ACNC) to provide a central point of registration for charities and not-for-profits (NFPs) at the highest level of government in Australia is a positive move for charities and not-for-profit organisations. Public sector support is a critical factor in the growth of the not-for-profit sector, particularly where governments provide funds for private charities to administer and distribute funding. However, there are still questions as to how the ACNC will carry out its role.

Author

Portrait image of Louise Steer
Louise Steer
In-House Counsel, Fundraising Institute Australia, Australia

LOUISE STEER LLM LLB BA(Hons) Louise Steer has 30 years’ experience in legal practice and now heads her own practice specialising in advising not-for-profits on compliance, governance, corporate management, risk management and contract management, utilising both the legal and commercial viewpoints. She is also a consultant in fundraising policy and standards for Fundraising Institute Australia and Fundraising Institute New Zealand, for whom she developed the Principles and Standards of Fundraising Practice, which have now achieved international recognition as a benchmark for professional standards in Korea, Poland and New Zealand and at the highest levels of Australian government. She is an Associate Member of Fundraising Institute Australia and a member of the Law Society of NSW.

Company

Fundraising Institute Australia

FUNDRAISING INSTITUTE AUSTRALIA Established in 1968, Fundraising Institute Australia (FIA) is the peak body for fundraising professionals in Australia. FIA’s purpose is to make the world a better place by advancing professional fundraising through promotion of standards, professional development pathways and measurable credentials so that our members achieve best practice.

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