Regional Housing Ltd and the Qld Government cut the ribbon of a new social housing project.
The Minister for Communities and Housing, Minister for Digital Economy and Minister for the Arts The Honourable Leeanne Enoch was present for this significant event.
A new social housing unit complex has been completed four months ahead of schedule in Avenell Heights and will soon provide a safe, secure and sustainable home to 16 Queensland households.
Minister Leeanne Enoch said the complex of two-bedroom units was built through a partnership with Regional Housing Limited.
“The Palaszczuk Government has funded the construction of this $3.96 million project under our Partnering for Growth initiative,” Minister Enoch said.
The charity sector’s interest in the financial reporting regulatory requirements will have been sparked following a recent announcement proposing some relief from their currently burdensome financial reporting requirements.
In December 2020, Josh Frydenberg, Federal Treasurer, and Senator Zed Seselja, Assistant Minister for Finance, Charities and Electoral Matters, announced they will be providing the relief under an agreement signed by all Federal, State and Territory treasurers.
The announcement is expected to be welcomed by the charity sector who have been pushing for reduced complexity and duplication particularly associated with the compliance of operating across multiple jurisdictions, which ultimately diverts their focus and resources away from their core purpose.
Further detail regarding the potential changes was provided in the Increasing financial reporting thresholds for ACNC – registered charities, consultation paper released by the Australian Government’s Treasury department, in February. Responses to the consultation paper close on 21 March 2021.