In the context of the COVID-19 crisis, there has been great concern about the future of the Australian charity sector, and the people it supports, given the economic, health and social crises currently unfolding. Charities’ capacity to respond to financial and operational shocks will vary drastically. It will be some time yet before there is sufficient data to be able to determine the full impact. However, decisions made now will strongly affect whether charities are COVID-19 casualties or partners in recovery, and those decisions need to be based on the best available information.
To support public and sector discussion as the sector seeks to transform in response to COVID-19, Social Ventures Australia and the Centre for Social Impact are undertaking the Partners in Recovery project.
This third report updates the modelling presented in the June 2020 report to explore the implications of the revised JobKeeper wage subsidy arrangements announced by the Commonwealth Government in July 2020. It also presents new analysis on the economic contribution of the charity sector.