May 03rd, 2016
Australians appeared to dig deeper for others in the past year, with solid jobs growth and a resilient economy contributing to a significant jump in charitable donations.
NAB on Tuesday said its charitable giving index, based on customer transaction data, jumped to 6.5 per cent growth in the year to February, more than twice the pace of 2.4 per cent growth a year earlier.
The average donation size grew by $12 to $348, the bank said.
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The Australian Government has announced a review of the Australian Charities and Not-for-profits Commission (ACNC) legislation.
Advocacy & Insight Manager, Krystian Seibert, outlines Philanthropy Australia's engagement with the review.