7.1% of our profits were spent on Community investment in FY2019-2020
15 October 2020
Our total cash invested in the community in FY2019-2020 was $1,822,155, which is 7.1% of net profits after tax (NPAT). This is measured as the total amount of direct monetary contributions paid directly to community organisations or in direct support of community activities.
By comparison, the Big Four banks invest 0.4% – 0.6%, which means that our direct community investment, as a percentage of NPAT, is 12-18 times greater. 1% is considered best practice.