Blueprint Unveils Ten-Year Vision for Australia's NFP Sector
The Not-for-Profit Sector Development Blueprint has unveiled a bold ten-year vision for strengthening Australia’s NFP sector. This comprehensive plan focuses on creating a financially sustainable future, streamlining regulatory frameworks, and enhancing workforce capabilities to better serve communities across the nation. Developed through extensive consultation, the Blueprint addresses key challenges faced by the sector and offers actionable steps for fostering innovation, inclusivity, and resilience. It provides a roadmap to ensure the not-for-profit sector continues to thrive and make a lasting impact.
To explore the full vision and its proposed actions, read the article linked below from the Institute of Community Directors Australia
"The introduction of a system to quantify and better manage the actual cost of delivering frontline services is a key recommendation contained in a ten-year roadmap for the not-for-profit sector released today.
The long-awaited Not-for-Profit Sector Development Blueprint recommends the introduction of a Producer Price Index (PPI) to strengthen the financial viability of the sector.
It is expected the initiative would address challenges faced by organisations in calculating the cost of delivering services, securing reliable funding and managing contracts.
The tailored index, which would be created by the Australian Bureau of Statistics, would provide a standardised way to track and project cost changes over time, providing more certainty over funding and contracts."
