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Showing 1 - 10 of 12 results for "SBB"

NAB, Life Without Barriers launch social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
National Australia Bank (NAB) and Life Without Barriers have launched a social benefit bond (SBB) that targets criminal offending by young people in Queensland. James Wadell, director of NAB's Capital Financing Solutions team This is Queensland's first ...

Social Ventures Australia launches $7 million Resolve Social Benefit Bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
... program addressing mental health services. Elyse Sainty, SVA director impact investing The Resolve Social Benefit Bond (Resolve SBB) will fund the Resolve Program, "a community-based mental health program which aims to reduce the amount of time participants ...

Newpin Social Benefit Bond returns 12.15% in third year

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 AUG 2016  |  NEWS
The Newpin Social Benefit Bond (Newpin SBB) has completed its third year, restoring 130 children in care to their families, and paying investors a return of 12.15% pa. Ian Learmonth, executive director of impact investing, Social Ventures Australia ...

Newpin social benefit bond returns 8.9% in second year

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 AUG 2015  |  NEWS
... 61.6% for the first two years of the social benefit bond program, resulting in an 8.9% p.a. return to investors. The Newpin SBB is underpinned by an outcome-based contract between the NSW government and UnitingCare. Investors receive a return based on ...

Queensland commits $3m to social benefit bond pilot

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUL 2015  |  NEWS
... Society Bond. The Newpin social benefit bond funds a program run by UnitingCare Burnside, and last year SVA, which launched the SBB, said Deloitte has certified the 7.5% return for the social benefit bond's first 12 months. Meanwhile, South Australia ...

NSW develops first social impact investment policy

RACHEL ALEMBAKIS  |  FRIDAY, 6 FEB 2015  |  NEWS
... benefit bond funds a program run by UnitingCare Burnside, and last year, Social Ventures Australia (SVA), which launched the SBB, said Deloitte has certified the 7.5% return for the bond's first 12 months. The costs of bringing social benefit bonds to ...

Westpac increases lending to cleantech, enviro services

RACHEL ALEMBAKIS  |  FRIDAY, 14 NOV 2014  |  NEWS
... Institutional Bank, Commonwealth Bank of Australia and the Benevolent Society also created an AU$10 million social benefit bond (SBB) funding the new Family Preservation Service. "What's of interest to us is looking at the kinds of mechanisms that support ...

SVA: Newpin social benefit bond returns 7.5% in first year

RACHEL ALEMBAKIS  |  FRIDAY, 22 AUG 2014  |  NEWS
The AU$7 million social benefit bond (SBB) funding the Newpin program run by UnitingCare Burnside will deliver a return of 7.5% to investors this year after its first 12 months. Ian Learmonth, executive director of impact investing, Social Ventures ...

Interest spurs new developments in social enterprise funding

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
... using the capital, supported by organisations using a special purpose vehicle. The other main difference between the British SBB and the NSW SBB structure is that the Australian version has adjusted the risk profile such that the risk is shared between ...

Westpac, CBA raise $10 million for Benevolent Society SBB

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2013  |  NEWS
... Institutional Bank, Commonwealth Bank of Australia and The Benevolent Society have raised AU$10 million for its social benefit bond (SBB). The funds raised by the SBB will go towards establishing The Resilient Families preservation service, which opens ...
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