The government’s Social Impact Investing Taskforce has appointed three new members to its expert panel including Impact investing Australia chief Sally McCutchan.
Along with Ms McCutchan, Dr Catherine Brown, chief executive of Lord Mayor’s Charitable Foundation and Danny Gilbert, co-founder and managing partner of law firm Gilbert + Tobin.
In April, the government appointed Social Ventures Australia chair Michael Traill to be chairman of the Taskforce expert panel and Philanthropy Australia co-chair Amanda Miller as deputy chair.
As part of the federal 2019-20 budget, the government allocated $5 million for the establishment of the body, which is situated in the Department of the Prime Minister and Cabinet.
The taskforce has aimed to develop a strategy for the Commonwealth’s role in the impact investing market international, private sector and state and territory government experience.
It is due to deliver an initial report before the end of the year, with the body to consult in the leadup.
The taskforce will have a final report by mid-2020.
On the formation of the panel, Mr Traill commented: “I am excited about the wealth of experience across the expert panel to develop practical recommendations to underpin a cohesive, strategic approach to achieving better outcomes through social impact investing.”
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
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