There was an information session introducing the process for Victoria’s first SIB yesterday while in the UK the change of Prime Minister is raising questions about a former charity cheerleader…
Victoria State Government
The Victorian Government is exploring Social Impact Bonds (SIBs) to trial innovative interventions in complex areas of social disadvantage.
As part of the 2016-17 Victorian Budget, $700,000 was provided to help to deliver market testing and the procurement phases of Victoria’s first SIBs.
The Office for Civil Society was once a powerful force to help charities, says David Robinson, but it has faded now and needs revival.