Creating Lasting Change for Australia’s Children
On 15 November 2024, leaders from community, philanthropy and government came together on Kaurna Country in Adelaide for the 2024 Investment Dialogue for Australia’s Children roundtable.
Hosted at The Living Kaurna Cultural Centre, this gathering focused on listening to community voices and identifying ways to improve wellbeing and reduce intergenerational disadvantage for children, young people, and families across Australia.
The Executive Convenor for the Investment Dialogue Simon Factor shared:
“Uniquely placed in bringing together philanthropy, government and community, the Investment Dialogue is creating the space for ambitious conversations which are often difficult to have or too quickly get sidelined.
“We have the opportunity to amplify each other’s strengths, partner on innovation and better coordinate investments. This is translating into significant commitments to work with community to create the conditions for intergenerational change and tangible outcomes for children and families.”
Reflecting on their progress, participants reinforced their commitment to the Working Together Agreement and a shared mission to foster genuine, impactful change.
Here are some highlights:
🔹 Strengthening Partnerships: A new Strategic Framework will guide work across three key portfolios—place, early years, and young people—ensuring alignment with government policy and supporting inclusive, flexible collaboration. The Investment Dialogue welcomed new philanthropic members and is inviting state and territory governments to collaborate in 2025.
🔹 Backing Community-Led Change: By 2030, supporting up to 50 communities in leading local, place-based change to achieve tangible outcomes for children, young people and their families. This collaboration will also include partnering with three communities with established place-based approaches to co-design innovation zones that address barriers limiting a community’s ability to deliver change.
🔹 Supporting Early Childhood Development: A dedicated Early Years Working Group will develop and embed integrated early childhood development approaches, including a focus on First Nations led models. The partnership will also co-design an approach to collect better, strengths-based data on children’s sense of belonging, identity and wellbeing.
🔹 Outcomes Fund: Establish the IDAC Social Impact Investment and Advisory Working Group to collaborate on projects under the Government’s $100 million Outcomes Fund.
🔹 Shaping Our Youth Portfolio: Scope a portfolio of work to support young people to thrive, which will be brought to the 2025 Roundtable.
The road ahead is ambitious, but by working together, we can create tangible, lasting change.
Find out more: https://lnkd.in/gGVh_S8h
Amanda Rishworth
Jim Chalmers
Department of Social Services (DSS)
Commonwealth Treasury
Prue Warrilow
Christina Rosato