Navigating the shifting sands of the proposed PAF changes
The philanthropic landscape in Australia is on the cusp of significant change, with the Productivity Commission’s proposed reforms to Private and Public Ancillary Funds (PAFs), soon to be rebranded as ‘Giving Funds.’ There could be unintended consequences, particularly in the potential effect on impact investing, writes Barwon Investment Partners’ Joss Engebretsen.