Joe Shannon
Articles by this Author
NFP Reform Agenda – Government Submissions
- By Joe Shannon
- Published 8/02/2012
- Not for Profit Interests
- Unrated
We recently made submissions to Treasury on the Government’s NFP Reform papers in relation to both the:
- Exposure Draft - Australian Charities and Not-for-profit Commission Bill 2012 and Explanatory Materials; and
- Consultation Paper – Review of Not-for-profit Governance Arrangements.
NFP Reform Agenda continues at a Rapid Pace – Have Your Say
- By Joe Shannon
- Published 6/01/2012
- Not for Profit Interests
- Unrated
Following our recent submissions on the Government’s consultation paper regarding a statutory definition of charity (click here to read), the Federal Government’s reform agenda continues at a rapid pace with the release on 9 December 2011 of 2 more major elements of the reform being:
• Exposure draft legislation to establish the Australian Charities and Not-for-profits Commission (ACNC) as announced in the 2011 budget; and
• A consultation paper on current governance arrangements for the not for profit sector.
• Exposure draft legislation to establish the Australian Charities and Not-for-profits Commission (ACNC) as announced in the 2011 budget; and
• A consultation paper on current governance arrangements for the not for profit sector.
Moore Stephens commentary supporting its submission
- By Joe Shannon
- Published 4/03/2011
- Not for Profit Interests
- Unrated
Will a national not-for-profit regulator bring pain or gain?
Given the NFP sector’s already strong commitment to high standards of governance, in responding to the Federal Government’s Scoping Study for a national not-for-profit regulator we see it as an imperative that any change reduces the sectors current compliance costs so that its ability to focus its limited resources and efforts towards its mission is enhanced. In addition a key goal of any change must see a new regulatory structure being an enabler in adding value to the growing importance of the sector, the value it provides to the community through direct action and from philanthropic support, and the funding of its activities, rather than simply adding to the regulatory burden.
Given the NFP sector’s already strong commitment to high standards of governance, in responding to the Federal Government’s Scoping Study for a national not-for-profit regulator we see it as an imperative that any change reduces the sectors current compliance costs so that its ability to focus its limited resources and efforts towards its mission is enhanced. In addition a key goal of any change must see a new regulatory structure being an enabler in adding value to the growing importance of the sector, the value it provides to the community through direct action and from philanthropic support, and the funding of its activities, rather than simply adding to the regulatory burden.