Indigenous Business Australia (IBA), a Commonwealth Government agency, is launching a new $50 million initiative to encourage impact investment in ventures that support Indigenous economic development.
The community of Wadeye in the Northern Territory has benefited from a new remote service centre, officially opened today by Nigel Scullion, Senator for the Northern Territory and Minister for Indigenous Affairs.
Minister for Indigenous Affairs, Nigel Scullion has announced an investment of $364,000 into the Bamanga Bubu Ngadimunku Aboriginal Corporation to drive economic and community development in Mossman Gorge.
Kalan Enterprises will be better supported to help locals in the Coen region participate in economic opportunities, thanks to a $251,938 grant from the Coalition Government’s Indigenous Advancement Strategy.
Legislation improving the capacity for recreational and Indigenous fishers to have greater input on the management of Commonwealth fisheries passed Parliament last week, fulfilling another key 2016 election commitment to the sector by the Turnbull Government.