Our approach

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Westpac Foundation Community Grant recipients, The Social Studio, Collingwood VIC
We believe that we can help to create a more inclusive Australia, together. Our mission is to help change 100,000 lives by 2030, by providing funding and programs to support social enterprises and community organisations in Australia creating jobs and opportunities for those who need it most.
To help achieve this goal, we commissioned the Centre for Social Impact (CSI) Swinburne to undertake research to identify additional insights into employment-focused social enterprise. The research report, Social Enterprise: A people-centred approach to employment services (PDF 1MB) examines employment as a pathway out of disadvantage, and helps to identify where the gaps are and what is needed to help employment-focused social enterprises scale to create greater long-term sustainable change.
A job means an income and being part of something. Yet there are many people that find it difficult to find a job in the mainstream job market. This could be due to a mental health condition, disability, a young person at risk, homelessness or lack of opportunity. We believe that employment is a powerful pathway out of disadvantage and helps to build stronger more inclusive communities.
Labour force participation for people with disability is 45% lower than overall population¹
11.2% youth unemployment is double the overall unemployment rate², increasing to 20%+ in some regional areas³
Only 17% humanitarian migrants are employed after 18 months in Australia⁴
18.2% unemployment for Aboriginal and/or Torres Strait Islander peoples⁵
Technology is changing the future of work, requiring new skills and new ways of working
Sources: 1 Australian Bureau of Statistics (ABS) Survey of Disability, Ageing and Carers, Australia, 2015. 2 Australian Bureau of Statistics (ABS), October 2018. 3 An unfair Australia? Mapping youth unemployment hotspots, March 2018, Brotherhood of St Lawrence. 4 Settling Better, 2017, Centre for Policy Development. 5 Australian Bureau of Statistics (ABS) 2016 Census.
Financial investment is just the beginning. Through our Westpac Changemakers Program, we connect the organisations we support to a huge network of Westpac Group employee volunteers as well as programs to help build business expertise and to increase their financial strength and social impact.
We provide:
We support small not-for-profits that are creating opportunities through education, training and employment in local communities across Australia. Since 2012, Westpac Foundation Community Grants have provided $10.6 million to community organisations nationally.
We provide:
We recognise the power of collaboration to help change lives for the better. By measuring our impact, sharing our learnings and building partnerships with businesses, government and the social sector we can create greater impact, together.
Initiatives include:
Social enterprises are businesses that exist primarily to fulfil a social or environmental purpose. There are an estimated 20,000 social enterprises in Australia.
An employment-focused social enterprise focuses on creating meaningful employment for disadvantaged Australians. Nearly 7,000 of all social enterprises in Australia have employment-based support or employment creation as their main focus.