Impact Bond: Newpin Queensland Social Benefit Bond
Stage of development: Complete
Policy sector: Child and family welfare
Intervention: The Newpin (New Parent Infant Network)  SBB has a focus on reunifying Aboriginal and Torres Islander children in the child protection system safely with their families. The Newpin Program works intensively to safely return children in out-of-home care to their families. It supports both parents and children in a collaborative person-centred and respectful way through a combination of formal and informal groups. The therapeutic program is centre-based and families will attend the program for a minimum of two days per week for up to eighteen months, as part of working towards family reunification.
Date outcomes contract signed: 2017-03
Start of service provision: 2018-01
Actual end of service provision: 2020-06
Anticipated completion date: 2024
Actual completion date: 2020-06
Dates notes: The Newpin Qld SBB terminated in June 2020, before its planned maturity date. A key issue for the Newpin Qld SBB which led to its termination were challenges experienced at the Cairns Newpin Centre, which experienced significantly lower than planned enrolments of families and children.
Total investment commitment currency: AUD
Total investment commitment: 6000000
Total investment commitment (USD): 4598553.638
Target population: To be eligible for referral to the Newpin Program, a family must have at least one child:
● who is aged less than five and a half; and
● who is in, has been referred or will be referred to OOHC for at least three months; and
● for whom reunification is considered by the State to be a suitable goal. In addition, the parent has to live within a centre catchment, be female, and be regarded as the target for possible reunification.