Feasibility study

Certainly things are evolving. I've had advice from a retired lawyer with strong connections to Bruny that the best structure would be as a registered charity. Under the charity would be a company limited by guarantee. This would be a subsidiary that does all the 'work' and sits under the charity.
Being a charity makes it easier to garner tax deductable donations from corporations and the like. It probably makes it easier to apply and receive various grants too.

Overview
In Australia, a company limited by guarantee (CLG) is a common structure for not-for-profit and charitable organiations. It's registered with the Australian Securities and Investments Commission (ASIC). A key feature is that members' liability is limited to a pre-determined amount they've agreed to contribute if the company is wound up. The company cannot pay dividends, and any surplus funds upon winding up are typically directed to other charities with similar purpose.

Key Characteristics of CLGs in Australia

• Limited Liability: Members' liability is limited to the amount they've guaranteed, typically a small amount, in the event of winding up. 
• Not-for-profit: CLGs are generally not-for-profit and reinvest any surplus towards their stated purposes.
• No Dividends: Members cannot receive dividends from the company's profits. 
• Registered with ASIC: CLGs are registered with ASIC and must comply with the Corporations Act 2001
• Public Company Status: In Australia, a CLG must be a public company. 
• Constitution: CLGs usually have a constitution outlining how the company should be run. 
• Charitable Purposes: Many CLGs are registered as charities with the Australian Charities and Not-for-profits Commission (ACNC).
• Directors and Secretary: CLGs require at least 3 directors and one secretary, who must be ordinarily resident in Australia. 
• Members: A CLG must have at least one member

Gday Jonathon, did you say a feasibility study was under way? If so, how’s that progressing?