Transcript Radio National Breakfast with Fran Kelly 3 November 2011
CCA CEO David Crosbie says Australia needs to create an option for not-for-profits to invest in themselves to become stronger as organisations. We’d like to see us follow the lead from the United Kingdom. What they have done is identify monies which are lying dormant in bank accounts, superannuation funds and insurance funds for more than 20 years and they are using that to underwrite establishment of what they are calling a ‘Big Society Bank’, which is really a not-for-profit bank.
