Mental health issues affect 1 in 5 Australians – more people than cancer and diabetes combined. It’s estimated that mental illnesses cost over $30 billion every year in Australia, in everything from increased health costs, to lost worker productivity, to homelessness, and unemployment. We also know that there is a strong correlation between mental health and employment. People who work in secure, stable, and supportive environments, not only retain employment for

On 23 July 2015, Social Outcomes released the report, Shared Value in Australia. The report looks at how companies in Australia and globally, are seizing the opportunity of shared value creation – growing their businesses, markets, and revenue streams, through innovations that reduce social and environmental problems. Business is rapidly changing, fuelled by increased transparency, digital innovation, consumer engagement, finite resources and supply chains, and dynamic demographics and workforces. Traditional

By Sandy Blackburn-Wright, Managing Director, Social Outcomes We are told at every turn that we need to measure impact, whether we are a not-for-profit (NFP), philanthropic foundation, business, or government department, and it’s all very confusing. There are lots of measurement tools and approaches, and we’re not always sure whether we should use these, or build something ourselves, so we end up doing a bit of both.  Here are a

In Australia, the combination of a long-standing commitment to the ‘Aussie fair go,’ along with an increasing strain on government resources, creates a fertile environment for various forms of blended social and financial value to thrive. A number of businesses, social sector organisations, private foundations, and government agencies across Australia, are spearheading innovative models that create social value for our communities, but are structured or funded in ways that we

Through our work with the social sector, we at Social Outcomes quickly came to realise that many stakeholders in the sector want more training and information about the measurement of social outcomes. As a sector, how do we measure our impact and performance? How do we robustly measure who our interventions benefit? What about the potential cost savings of our programs? How do we build budgets for programs? With all these

Social Outcomes is collaborating with the NSW Council on Social Services (NCOSS) to provide NCOSS members with a Social Finance Innovation 101 Workshop for Senior Managers. The workshop will be split into two half-day sessions from 9am – 12:30pm on Thursday 12 March and Thursday 19 March, in Sydney.  Background to the Workshop is provided below: The social sector is undergoing a period of rapid change and increased pressure. Traditional sources

The first Financial System Inquiry (FSI) in over 16 years has called out impact investing as a valuable and needed mechanism to fund social service delivery in Australia. The FSI called impact investing an important tool in the Australian context, especially given reduced government capacity to fund social services. The Inquiry also noted that impact investing presented an opportunity for Australia to: Reduce costs, and improve the impact of social