Fewer Australians Are Donating To Charity

Australian Charities Would Befit Hugely If People Left Bequests

Are you someone who donates their time to a charity? If you are someone who does this, then it should come as no surprise that you are probably more likely to donate money to charity as well. According to a report published by the Giving Australia 2016 project, whilst the total amount of money donated to charities in Australia has increased, the actual number of people making donations is falling. During the 2015-2016 financial year $12.5 billion was donated to charity by Australians which is up from the $10.1 billion donated during the 2005 financial year.

Some cause for concern

Nicholas Hookway of the University of Tasmania says the percentage of people donating has dropped from 87 per cent to about 80 per cent. According to Dr Hookway there are lots of good things happening in the charity sector however there are also some things that are cause for concern taking place.  He adds that people who donate their time to charities are also more likely to give donate money as well. It is estimated that approximately 43 per cent of Australians volunteer.

Australia now lower on World Giving Index

Dr Hookway says his research suggests that Australians like to think of themselves as being kind and agree that it is important to be kind to one another. He adds that the country has a reputation as being a kind and generous place. Despite these facts, the decline in the number of people giving money means that Australia’s ranking in the World Giving Index (WGI) has dropped. In 2016 Australia was ranked number 3 in the WGI. However according to the latest report, its position has fallen to number 6. The report highlighted the fact that giving had decreased all over the world last year.

Australian charity sector is huge

Despite the fall in the number of people who are donating to charities, the charity sector in Australia continues to be a big business Dr Hookway says. There are more than 50,000 registered charities in the country and the sector is valued at over $154 billion in total income. That figure means it is larger than the electricity, gas and water sectors.

"Please note, any prices mentioned in the Charity Gifts blog are correct at the time of posting. Please check the relevant website for the latest pricing information."

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