Wednesday, April 16, 2014

Axing charities regulator to cost ACT not for profits as much as $2m

Axing charities regulator to cost ACT not for profits as much as $2m: Moves by the Abbott government to axe the newly created independent regulator of Australian charities could cost non-profit organisations in the ACT as much as $2 million each year.

ACT Treasurer Andrew Barr and federal MP for Fraser Andrew Leigh will renew calls for the Australian Charities and Not for Profits Commission to be retained on Wednesday, after government estimates showed how much funding could be saved for non-profit organisations.

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