Profits in public services: Louise Sylvan on social impact bonds


Louise-Sylvan

Next week’s Power to Persuade Symposium at the Australian National University will examine the role of for-profit companies in government service delivery. Former Australian National Preventive Health Agency CEO Louise Sylvan is looking at social impact bonds.

New ways to invest taxpayers’ money that keep the focus on outcomes can break down government silos and bring innovative approaches to bear on the “wicked problems” years of traditional funding have failed to solve.

That’s the good news about social impact bonds and public service commissioning, says former Australian National Preventive Health Agency CEO Louise Sylvan, who will be exploring how and why governments are looking at new ways to invest in service delivery at next week’s Power to Persuade Symposium in Canberra.

Louise Sylvan. Image: Health.gov.au

Louise Sylvan. [Image: Health.gov.au]

The one-day seminar is focused on the increasing entry of for-profit companies in government service delivery. Sylvan, who has also held senior roles at the Productivity Commission, the Australian Competition and Consumer Commission, and in the world of consumer advocacy, will give her presentation before joining a panel to discuss whether social impact bonds are in fact “a wolf in sheep’s clothing”.

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