The government wants to work with the private sector and industry to garner investment in renewable energy, defence and social issues such as housing.

Treasurer Jim Chalmers, Social Services Minister Amanda Rishworth and Indigenous Australians Minister Linda Burney will on Monday host the inaugural investment dialogue to help disadvantaged children.

It will bring together some of Australia’s biggest philanthropic donors in a bid to secure more investment to deal with youth disadvantage, particularly during early childhood.

The treasurer will also be joined by Finance Minister Katy Gallagher, Energy Minister Chris Bowen and Defence Industry Minister Pat Conroy to meet with banks, super funds and asset managers on Tuesday for a series of investor roundtables.

The meetings will include the chief executives and managers of banks and companies like ANZ, CBUS, NAB, Westpac, UniSuper, Colonial First Estate and the Australian Investment Council.

Dr Chalmers said the roundtables would kickstart investment and deliver strong returns not only for the companies but for all Australians.

“We have a big agenda, which is focused on unlocking investment in the net zero transformation, social impact investing and supporting the growth of our local defence industry,” he said.

“It’s great to see there is such strong appetite among investors, philanthropists and industry to partner with government to ensure investment is targeted to where it will make the most difference.”

Social Services Minister Amanda Rishworth said the government couldn’t tackle entrenched disadvantage on its own.

“Establishing firm partnerships between government, philanthropy and with communities … will help us to tackle the pockets of entrenched disadvantage that exist,” she said.

“We owe it to all Australians, and particularly Australia’s children, to tackle entrenched disadvantage in our communities.”