Dec 19, 2012

New commission to follow the money trail in charities

A new charities regulator offers donors more transparency in where money is going. But while the Australian Charities and Not-for-profits Commission vows to cut red tape, some aren't so sure, says Crikey intern Alex Burgess.

Ever wondered where the money you donate to charities winds up? The new Australian Charities and Not-for-profits Commission claims to make it easier to find out.

After decades without a regulator, Australia now has a national, government body to take hear complaints about charities and compare financial information. At her Docklands office in Melbourne, ACNC Commissioner Susan Pascoe told Crikey Australian charities have few scandals compared to other countries, but a national regulator is important to reduce red tape and reassure those who donate.

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