“Social impact investments are organisations and funds with the intention to generate social and environmental impact alongside a financial return.”
Global Impact Investing Network
What's new in social impact investing
The NSW Government will work jointly with two proponents to develop new social impact investments, following a request for proposals (RFP) that closed on 15 February 2016.
On behalf of the Minister for Aboriginal Affairs, the Hon. Leslie Williams, Aboriginal Affairs NSW is hosting an industry and stakeholder forum to establish an Aboriginal Centre of Excellence in Western Sydney.
Building on the momentum and progress made in 2015, the NSW Government has released the 2016 Statement of Opportunities.
The 2015 Statement of Progress outlines the NSW Government’s progress to implement the Social Impact Investment Policy in its first year. All of the 10 actions in the policy have been delivered or are underway.
The results of Australia’s inaugural survey of investors around impact investing are detailed in a new report from Impact Investing Australia, Melbourne Business School and the University of Melbourne.
A new guide to understanding and quantifying social costs has been developed by Deloitte Access Economics with the Australian Advisory Board on Impact Investing.
As part of the Social Impact Investment Policy, the NSW Government is calling for social impact investment proposals to deliver better social and financial outcomes for individuals and communities.
As a result of the strong demand for advice in the first two rounds of the Expert Advice Exchange (EAX), the Office of Social Impact Investment has been working with some advisory firms to support NFPs in ways other than one-on-one advice.
The NSW Government has selected two proponents to enter a joint development phase from its recent request for social impact investment proposals (RFP).
The NSW Social Impact Investment Expert Advisory Group, which provides independent strategic advice to the NSW Office of Social Impact Investment, recently visited UnitingCare Burnside’s Newpin Centre in Doonside.
On 23 September, the Office of Social Impact Investment hosted a morning tea for advisory firms that have donated over 3,000 hours to support social sector organisations through the Expert Advice Exchange (EAX).
Following the first request for proposals (RFP) process in June 2015, the NSW Government is now preparing for a second RFP in late 2015 focused on chronic health and mental illness.
Investors are being invited to participate in Australia’s inaugural Impact Investor Survey, conducted by Impact Investing Australia.
Australia's first social benefit bond continues to deliver for families and investors in its second year, successfully reuniting vulnerable families and supporting them to stay together.
Dr Caralee McLiesh spoke about the growth of social impact investing in NSW and the NSW Government’s work in this emerging field at Impact Investing: Social and financial innovation in for-purpose organisations on 15 July 2015.
The Office of Social Impact Investment is progressively making available a suite of sample standard form documents for use when developing and implementing social benefit bonds and other social impact investments.
Liz Sanders from UnitingCare Burnside and Adele Brookes from NSW Department of Family and Community Services recently spoke about their experience working together on the Newpin social benefit bond.
The NSW Treasurer, Hon Gladys Berejiklian MP, hosted the launch of the Expert Advice Exchange (EAX) on 15 May 2015.
Wendy Haigh from the Benevolent Society and Peter Taplin from Westpac recently spoke about how one of NSW’s social benefit bonds is helping to tackle entrenched disadvantage.
On 12 March 2015, the NSW Government signed a Memorandum of Understanding (MOU) with Infrastructure Partnerships Australia (IPA) and Council of Social Services of New South Wales (NCOSS) to set up a dedicated fund to facilitate up to $1 billion in new social and affordable housing stock.
Social Outcomes is collaborating with the NSW Council on Social Services (NCOSS) to provide NCOSS members with a Social Finance Innovation 101 workshop for senior managers.
Today the NSW Government launched its Social Impact Investment Policy at Parliament House in Sydney.