Federal charities minister Andrew Leigh delivered a keynote speech, 'Bequests, belonging and the long future', to open the CPA Australia Profit for Purpose conference in Melbourne, focusing on how much of Australia’s forecast $5.4 trillion intergenerational wealth transfer is likely to find its way to the for-purpose sector, exploring the evolving concept of the purpose economy and how we can redefine success by integrating financial strength with social value creation.
Throughout his speech minister Andrew Leigh emphasised the transformative power of philanthropic bequests in strengthening Australia's 'for purpose' economy and social fabric. Fostering a culture of giving and belonging is is essential for building a resilient community and ensuring a 'long future' of shared prosperity and support.
