Wednesday, January 19, 2011
A Federal Government program which seeks to increase home ownership on Indigenous community titled land was recently assessed by the Australian National Audit Office.
It is nothing short of outrageous that after four years, and against a target of delivering 460 loans across eight communities, the Home Ownership on Indigenous Land (HOIL) program was only able to provide $2.7 million for a mere 15 loans, while administrative costs totalled nearly $10 million.
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