January 04th, 2014
Australians registered more than 2000 tax-exempt charities last year, growth that some philanthropists warn is becoming counterproductive. The Australian Charities and Not-for-profits Commission (ACNC) has added about 2300 charities to its register since December 2012, compared with 1200 the previous year, when the register was run by the Tax Office. ''If charities are going to be set up at this rate, what they're [spending on] operational costs concerns me,'' said Louise Walsh, the head of Philanthropy Australia. She said charities needed help to pool resources and reduce administration and technology costs.
By James Robertson
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