National Australia Bank (NAB) and Life Without Barriers have launched a social benefit bond (SBB) that targets criminal offending by young people in Queensland.
This is Queensland’s first SBB, and will seek to reduce recidivism by young people. The bond is arranged and managed by NAB, and will fund the establishment of Queensland’s first Multi Systemic Therapy (MST) program, which will be delivered by social purpose organisation Life Without Barriers (LWB).
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