Federal Indigenous Affairs Minister, Senator Nigel Scullion, today announced that the Australian Government had engaged Ernst & Young to conduct the independent review of Indigenous Business Australia and the Indigenous Land Corporation.
The review, announced earlier this week, will make recommendations to the Government about how to improve the effectiveness of these two principal land and economic development statutory bodies.
It will also consider how we can drive economic development in an integrated way through employment, training, business development, land acquisition and management, as well as home ownership.
“Ernst & Young brings significant commercial experience, a strong knowledge of Indigenous issues and a deep understanding of effective public administration,” Minister Scullion said.
Details of the review and how public comment and submissions can be made, is available online at: http://ilcibareview.dpmc.gov.au
Terms of Reference
The review will consider and make recommendations on the following:
a) The effectiveness of Indigenous Business Australia (IBA) and the Indigenous Land Corporation (ILC), as they are currently constituted, in driving Indigenous economic development through employment, training, business development, land acquisition and management and home ownership.
b) The optimal structure and function of government effort to drive Indigenous economic development.
This should include consideration of whether outcomes could be enhanced by integrating IBA and the
ILC into a single entity.
c) If a statutory body is considered the best approach, how to structure arrangements to ensure:
i. efficient administration and reduce red tape
ii. transparency and accountability of public funds
iii. appropriate powers of Ministerial direction or Government control
Download media release:
2013-12-09 IBA-ILC reviewer.pdf