As part of the Queensland Government’s Social Benefit Bonds (SBB) Pilot Program, three pilot SBBs were contracted in 2017.
As part of the Queensland Government’s Social Benefit Bonds (SBB) Pilot Program, three pilot SBBs were contracted in 2017.
The Newpin Queensland SBB aims to safely reunify children in out-of-home care with their families, with a focus on Aboriginal and Torres Strait Islander children.
The YouthChoices SBB aims to reduce the frequency and severity of offending behaviour of young people who are at risk of detention or remand.
The Youth CONNECT SBB aims to develop the resilience of young people who are homeless or at risk of homelessness.
The three pilot SBBs are supported by upfront capital from private investors. The Department of Child Safety, Youth and Women, and the Department of Housing and Public Works are the responsible contract-managing agencies.
Review the program publications to keep informed of the progress of the Queensland Government’s three Social Benefit Bond pilots.
The SBB provider websites provide updates for each service.
The Queensland Government has made available this case study as a general information resource, based on experience specific to the SBB Pilot Program. Any enquiries relating to current Queensland Government policy should be directed to the SBB Pilot Program team.
The Queensland Government has made available a suite of sample documents suitable for a SBB transaction under the Social Benefit Bonds Pilot Program.
Social Benefit Bonds Pilot Program team
Email: socialbenefitbonds@treasury.qld.gov.au
The program team will respond to enquiries within five business days.