Privacy act reforms: How to Elevate Trust and Protect Your Business
The Privacy and Other Legislation Amendment Act 2024 (the Amendment Act) was passed on 29 November 2024 and received Royal Assent on 10 December 2024,
Risk management in the not-for-profit sector – enabling NFPs to deliver on their mission
Not-for-profit enterprises (NFPs) are often galvanised around delivering on a clear and compelling mission. The biggest obstacle to delivering that mission is often money, leading to non-critical functions being run as leanly as possible.
How Should Aged Care be Funded?
The Aged Care Royal Commission is currently considering how aged care should be funded. During September 2020, Paul Keating put forward some interesting ideas about the role of the family home in financing aged care, which we think warrant further consideration.
Determining reserves for aged care providers
Aged care providers must hold funds in reserve to pay for refunds of accommodation deposits. When residents have paid lump sums to partly or fully fund their accommodation costs, these deposits are refundable when they leave or pass away.
Case Study – Barnardos Australia
This is amongst the most rewarding work I’ve done. Without it, Barnardos ’ funding structures would not have changed – which has led to lives being positively transformed” – Adrian McGarva, PFS Consulting.
