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Australian Government announces reforms for the Not-For-Profit (NFP) sector

9th August 2012

In the 2011-12 Budget the Australian Government announced a range of measures reforming the Not-For-Profit (NFP) sector, including the creation of the Australian Charities and Not-For-Profits Commission (ACNC). The ACNC will operate from 1 October 2012 and will be an independent regulator of the NFP sector initially responsible for:

  • Determining charitable and public benevolent institution status for all Commonwealth purposes.

  • Providing education and support to the sector.

  • Beginning the implementation of a ‘report-once use-often’ general reporting framework for charities.


The Australian Government has provided $53.6 million over four years for its establishment and for the related structural changes required by the ATO, which will support the ACNC. The ACNC Implementation Taskforce commenced on 1 July 2011 working across different levels of government and with peak bodies in the NFP sector to maximise the benefit gained from the reform proposals.

View the Australian Charities and Not-For-Profits Commission (ACNC) website