Our team has undertaken a deep dive into the Federal Budget, While many believe it’s a pre-election budget to garner support, and it may fuel inflation, others feel it does not go far enough, leaving the most vulnerable Australians behind.
Despite these differing opinions, we do know there has been funding across many portfolios, so there are definitely future funding opportunities for the not-for-profit sector.
We’ve outlined the major highlights and opportunities below:
Future made in Australia
- This will invest $22.7 billion over ten years. It will include, among other things:
- Tax incentives for hydrogen production and critical minerals production
- A ‘Battery Breakthrough Initiative’
- A Net Zero Authority
- Employment and skills support for regions transitioning to clean energy
- Building Women’s Careers program
Health
Several health measures have been welcomed, such as:
- A 5-year freeze on medicine co-payments
- Additional medicines on the PBS
- Funding towards alcohol and drug support services.
In terms of mental health
- Australians will be able to access a free, low-intensity digital service without a referral to receive timely mental health support, expected to serve 150,000 people annually. 61 Medicare Mental Health Centres will open by 30 June 2026, offering clinical services for adults with moderate‑to‑severe mental health needs.
Disability and social services
- There is funding to reform the NDIS and to boost the NDIA and other agencies to improve inefficient systems.
- There is also an investment to create a new disability employment program, however, details are yet to be released.
Aboriginal and Torres Strait Islanders
- The Budget is investing a record $2.4 billion over five years to create new opportunities and achieve better outcomes for First Nations people.
- Priority areas include jobs, health, education, justice, housing and other essential infrastructure and services.
- Regional and remote areas are the main beneficiaries.
Women
The budget provides $925 million over five years to make the Morrison-era Leaving Violence Program permanent. This includes:
- Up to $5,000 in financial support for victim-survivors, indexed annually
- Additional support services through the program including safety planning, risk assessment and referrals to other services for up to 12 weeks.
Whether your not-for-profit organisation offers services in the above-mentioned areas or others, a consistent relationship with the government is important in raising awareness of your work to attract funding. Let us know if we can help you with your government engagement journey.
Upcoming Fifty Acres events
Masterclass 4
Title: How to best utilise your organisation’s engagement and communication channels
The final class in our free Master Class series for not-for-profits, Channels and Momentum, bringing to a close our MasterClass series, and building on lessons 1-3 which addressed getting your project planning, messaging voice, engagement and audiences.
Hosted by our CEO, Jo Scard, this free 1-hour webinar delves into community involvement, utilising existing contacts and owned media, as well as self-marketing and publicity.
Masterclass 4 will run from 11:00 AM – 12:00 PM AEST on Wednesday, May 29.
If you haven’t been able to attend Masterclasses 1 – 3, you can catch up with the recordings and slides via our website.
Trending
Popular
