As Australia's first social franchise, CoAct exists to activate all its community partners.
Our network includes some of the oldest and most highly-regarded community service organisations in the country.
We operate solely for community benefit and drive over 90 per cent of our profits back into the communities in which we operate. Over the years we have delivered many vital but unfunded community services, often in regional and remote areas, as a response to community need. We have a reputation for working with some of the most disadvantaged people and communities in Australia.
This year, through the JSA job seekers we placed into employment, Job Futures saved the government $42 million in welfare payments - up from $35 million last year. This saving does not take into account the enormous growth in productivity as more people become active in our economy. This multiplier effect can also be applied to the health of job seekers, their reliance on other support services, and even the future productivity of the job seekers' children who will, in many cases, follow their parent's example.
As a public benevolent institution providing government funded services to individuals with high needs and significant disadvantage, Job Futures Ltd is acutely aware of our responsibility and accountability to operate with sound governance. Job Futures financial statements for the year ended 30 June 2014 are available on our website.