May 01st, 2015
Set up by Philanthropy Australia in 2013, the New Generation of Giving program has, in less than two years, attracted more than 200 members.
They include Hayley Morris, daughter of Computershare founder Chris Morris; Lucy Myer, great-granddaughter of legendary Melbourne retailer Sidney Myer and daughter of Myer Foundation president Martyn Myer; Prue Pateras, daughter of noted Queensland arts patron Tim Fairfax; and Markus Kahlbetzer, son of John Kahlbetzer, who made his fortune in steel and agriculture in Australia and South America after emigrating from Germany following World War II. BRW puts the net worth of these prominent Australian families at north of $4 billion – and growing.
Read the full article (subscription may be required) - Australian Financial Review
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The Australian Government made three announcements which impact upon philanthropy. In two video updates from Philanthropy Australia's Advocacy & Insight Manager, Krystian Seibert, outlines Philanthropy Australia's response to these announcements.