Fewer Australians giving to charity

New data reveals less than 29 per cent of the nation’s 14.7 million taxpayers made a tax deduction for gifts or charities in 2018-19 (Bigstock)

Australians are becoming less charitable as the share of people making donations falls to its lowest level since the 1970s, with only the generosity of some of the nation’s richest people easing the struggle charities face. Source: The Age.

In a development experts argue is due to a range of factors from the decline of Baby Boomers to poor wages growth, new data from the Australian Tax Office reveals less than 29 per cent of the nation’s 14.7 million taxpayers made a tax deduction for gifts or charities in 2018-19.

Community Council for Australia chief executive David Crosbie said there had been a clear fall in the proportion of people giving to charity since the end of the global financial crisis.

He said there was a close connection between charitable giving and consumer confidence – the more optimistic people were about the economy and their future, the more likely they were to give.

Australians were prepared to “pass around the hat” in the immediate wake of a disaster, he said, noting a big lift in donations during the 2019-20 bushfire period. But that had led to a drop in assistance to other charities.

Tax office data shows 4.2 million of the nation’s 14.7 million taxpayers made a deduction in 2018-19, the smallest number in more than a decade and the lowest proportion since 1978-79.

Despite the fall in the number of people making donations, the average size of the donation increased in 2018-19 to a record $933 per person from $846. That increase was driven in large part by extraordinarily generous donations by some of the nation’s wealthiest residents.

FULL STORY

No longer passing around the hat: New research shows Australians aren’t as charitable as they used to be (By Shane Wright, The Age)

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