Legal industry bosses hit the pavement to talk about The Big Issue
Posted at Legal Practice Intelligence - 8 February 2017
Peter Maloney, CEO of legal technology and services company GlobalX
is one of over 100 prominent Australian business and political figures
selling street magazine The Big Issue
GlobalX CEO, Peter Maloney is taking to the streets this week to help raise awareness for homeless and disadvantaged people working to improve their lives.
Mr Maloney is one of over 100 prominent Australian business and political figures selling street magazine The Big Issue.
Mr Maloney said executives and politicians from across the nation were supporting a cause to raise not only awareness but much needed funds for vendors who sell the magazine.
“It has always been the Australian way to help out those in need, but with so many people sleeping on the streets each night, more needs to be done to address this issue,” Mr Maloney said.
“Homelessness and the risk of becoming homeless is a very serious issue facing Australia; on any given night approximately 105,000 are sleeping rough.”
“Supporting initiatives like The Big Issue are integral to helping break the cycle of homelessness.”
Launched in Australia in 1996, The Big Issue magazine provides opportunities for homeless and disadvantaged people to earn an income.
Vendors buy copies of the magazine for $3.50 and sell them to the public for $7, earning a meaningful income.
The Big Issue CEO Steven Persson said teaming up with business leaders highlighted vendors’ work to improve their lives.
“More than 500 vendors sell The Big Issue around Australia and they are working to earn an income. Vendors buy copies of the magazine in advance for half the cover price, so every sale puts money directly in a vendor’s pocket. We hope selling alongside prominent business leaders will help vendors forge new connections in their community and encourage the public to support their local vendor.”
More than 6500 men and women have earned $24 million through selling The Big Issue since it launched in Australia in 1996. Vendors sell the fortnightly, general interest magazine in Sydney, Melbourne, Brisbane, Adelaide, Canberra and Perth, as well as some regional centres.
GlobalX CEO Peter Maloney joins other prominent legal industry executives taking part, including Clayton Utz Chief Executive Partner Robert Cutler, Colin Biggers & Paisley Managing Partner Dunstan de Souza and Allens Chief Operating Officer and Chief Financial Officer Rod Fielding.
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