Volunteers worth $200bn a year
A University of Adelaide study has found that volunteering in Australia is now worth more than the mining industry, declaring the true extent of its monetary value to be more than $200 billion a year.
This article provided by Pro Bono Australia outlines some interesting research. We know that Landcarers are major contributors to volunteering.
Its economic contribution to Australian society outstrips revenue sources from mining, agriculture and the retail sector, according to Dr Lisel O'Dwyer, a Senior Research Associate in the University's School of Social Sciences.
“More than 6.4 million people volunteer their time in Australia, which is double the number in 1995. And with the looming retirement of the first wave of baby boomers, these figures are likely to increase at an even more rapid rate,” Dr O'Dwyer says.
See the full article here at Pro Bono Australia
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