There has been considerable interest recently, at both State and Federal Government levels, in relation to the use of Social Impact Bonds (SIBs) as a way of funding social programs. This in turn has generated a lot of discussion in the not for profit sector as to how this will flow on to organisations and the delivery of effective social services should they be introduced. In an attempt to create a more informed view on SIBs and their relevance, Centrecare Director Tony Pietropiccolo AM recently wrote a paper entitled “Curiosity, Caution and Social Impact Bonds”.
We hope you find it helpful in forming your own views on their worth to the Australian social service system.