Professor Charlie Teo has launched a new charity called the Charlie Teo Foundation aimed at saving the lives of Australians, particularly children.

The leading neurosurgeon walked away from his first not for profit, the Cure Brain Cancer Foundation, late last year due to spiralling administrative costs.

Professor Teo says it’s time to shake up the way charities run.

“I had no idea the charity space created so many jobs and was responsible for so much of the workforce. It’s like $103 billion a year, 9.7% of the workforce.

“It’s huge and charities do become commercialised or corporatised.

“What I’d like to do is try and break that mould and have it so charities run leaner, on volunteerism.”

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For information and to donate to the Charlie Teo Foundation, click HERE