According to the Community Council for Australia (CCA), impact investing's full potential is not being realised. The result is found in a report by the CCA, titled "Impact Investing: making it happen," in partnership with firms, such as PwC Australia, Koda Capital, NAB and Social Ventures Australia.
The report indicates that Australia's impact investment market will be more than $35 billion in the next five years, which is at least double how much money is donated to charities annually.
The report calls for charities to be more engaged in investing and to enlist the help of investing intermediaries.
Impact Investing Australia has also previously called for the government to act quickly to scale up the market. Read the Entire Article
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Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.