Cooperation between not for profit and private sector needed now

The Australian community sector faces an enormous challenge to keep providing services amid the global economic downturn, if the Federal Government does not apply the same attention as it has given to the corporate sector.

As a way to continue providing support to the communities, cooperation between not for profit sector and the profit sector become important.

 "There is high energy (of cooperation) and it will continue, as there is greater awareness of the potential for not-for-profit sector contribution to society; but we have opposite trends, declining profit, and an upward in social capital,” said Professor Allan Fels, Dean of the Australia and New Zealand School of Government in an interview with yarraReporter.

Listen to the interview:

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