Tuesday, August 3, 2010

The significance of not- for- profit organisations in Australia

Most Australians do not comprehend the sheer size, diversity and significance of the not-for-profit sector in this country. The recent Productivity Commission Report into the sector found that Australian not-for-profit organizations contributed $41 billion to Australia’s GDP, equivalent to the contribution of government administration and defence ($40 billion) and almost double that of the agriculture industry ($21 billion).

Eight percent of the Australian workforce is employed in not-for-profit organizations, although this figure does not include the enormous contribution by volunteers.

These and other facts about the sector can be found in this valuable Fact Sheet about the Not-for-Profit sector prepared by Pro Bono Australia.

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