Inquiry Report

credit: Wikimedia Commons

Australia wants to more than double the amount of money people donate to charity by 2030, and it's proposing a number of reforms to make sure that happens.

Among them: An overhaul of the country's "Deductible Gift Recipient" system, which determines which charities are eligible to receive tax-deductible donations, to make it "simpler, fairer, and focused on activities that are likely to generate the greatest net benefits for the community," the deputy chair of the Productivity Commission says in a press release.

The report also calls for the creation of a new philanthropic organization to help Aboriginal and Torres Strait Islander people, reports the Australian Broadcasting Corporation.

"Some Aboriginal and Torres Strait Islander communities are furthering their own goals and aspirations through partnerships with philanthropy," the commissioner for philanthropy says.

"The foundation would facilitate new collaborations between philanthropy and Aboriginal and Torres Strait Islander communities that support their ambitions."

The press release notes that the current system "has grown in an ad hoc way over decades and has no coherent policy rationale."

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