Tuesday, May 07, 2013

Time for the Not for Profit Stock Exchange? | Pro Bono Australia

Time for the Not for Profit Stock Exchange? | Pro Bono Australia: With increasing investment in the Australian Not for Profit sector to achieve better outcomes for the community, one way of both increasing and leveraging investment may be a ‘stock market for good’, says David Crosbie, the CEO of the Community Council for Australia.

While Australians have been revelling in the mining boom or lamenting the decline of retailing and manufacturing, there is one large part of our economy that has been quietly and consistently exceeding expectations. The Australian Not for Profit sector has more than doubled its contribution to GDP in less than a decade, a performance that outstrips any industry other than mining.

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