BE GOOD DO GOOD

AUSTRALIA’S major companies continue to support and invest in our communities despite the tough economic conditions faced in 2009, according to a Federal Government
report.

The report, Impact of the Economic Downturn on Corporate Community Investment, found that despite the economic downturn, large companies are still digging deep.

Sixty-eight per cent of respondents expected an increase in corporate volunteer support in 2009-10, while 52 per cent expected an increase in workplace giving and payroll deductions.

Minister for Community Services Jenny Macklin, says corporate community philanthropy is essential, as more individuals and families are now seeking help from charities in times of need.

“This report is heartening, highlighting the generosity of the Australian corporate community, even in tough times,” she says.

Get our daily business news

Sign up to our free email news updates.

 
Whitefox Recruitment founder Luke Hemmings making strides as a careers leader
Partner Content
After relocating his Canberra-founded company Whitefox Recruitment to the Gold Coast la...
Whitefox Recruitment
Advertisement

Related Stories

ASIC secures its first court win for greenwashing against US giant Vanguard

ASIC secures its first court win for greenwashing against US giant Vanguard

The Australian corporate watchdog has caught out one of the world&r...

Medicinal cannabis group Althea shaves $1.5m from its cost base through staff cutbacks

Medicinal cannabis group Althea shaves $1.5m from its cost base through staff cutbacks

Australian-founded medicinal cannabis company Althea Group (ASX: AG...

Charter Hall snares 15pc stake in Hotel Property Investments for $97m from 360 Capital

Charter Hall snares 15pc stake in Hotel Property Investments for $97m from 360 Capital

Listed funds manager 360 Capital Group (ASX: TGP) has offloaded its...

The party’s over: Splendour in the Grass festival cancelled for 2024

The party’s over: Splendour in the Grass festival cancelled for 2024

Splendour in the Grass, Australia’s largest winter music fest...