Hon Linda Savage asks the Premier about the progress of Recommendation 16 from the 'Putting the Public First' Economic Audit Committee report, specifically regarding the establishment of a Community Development Investment Fund and its milestones related to governance and funding timeframes. The answer refers to another question.

AnsweredQoN 3926Legislative Council
Asked
18 May 2011
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QuestionView source ↗

I refer to the ‘Putting the Public First’ Economic Audit Committee report of October 2009, and in particular to recommendation 16 which was to establish a Community Development Investment Fund, to support, through low-interest loans, community sector organisations that wish to develop as community employers or social enterprises, run along business lines with the intention of becoming financially sustainable. In establishing this Fund, partnerships with private sector financial institutions should be explored, and I ask -
(1) Which of the following milestones contained in recommendation 16 have been achieved, -
(a) following discussions with private sector financial institutions create a governance structure to administer the fund (March 2010); and
(b) define timeframes for funding rounds and expressions of interest (March 2010)?
(2) If any of the above milestones contained in recommendation 16 have not been achieved, why not?

AnswerView source ↗

Answered
29 June 2011
Responded by
Leader of the House representing the Premier
Response time
42 days
Please refer to Legislative Council Question on Notice 3912.
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