Indigenous Business Australia Outcome 1
Improved wealth acquisition to support the economic independence of Aboriginal and Torres Strait Islander peoples through commercial enterprise, asset acquisition, construction and access to concessional home and business loans.
| # | Program | Body | Contribution |
|---|---|---|---|
| 1.1 | Indigenous Business Australia Program 1.1 | Indigenous Business Australia | This program contributes to the above outcome through the following objectives: Enable Aboriginal and Torres Strait Islander people to own a home and build home equityFacilitate Aboriginal and Torres Strait Islander people to start and grow a business that supports income, employment and economic independencePartner with Aboriginal and Torres Strait Islander organisations to invest, grow capital and build commercial capabilityThe program recognises the unique circumstances of Australia's Aboriginal and Torres Strait Islander peoples and delivers outcomes against the above objectives in a culturally sensitive and informed way |
| Appropriation | Appropriation subtype | 2023-24 | 2022-23 | |
|---|---|---|---|---|
| Budget Estimate | Estimated Actual | Budget Estimate | ||
| Special Accounts | 0.00 | 0.00 | 0.00 | |
| Administered | Non-operating | 0.00 | 0.00 | 0.00 |
| Administered | Operating | 0.00 | 0.00 | 0.00 |
| Administered | Special Appropriation | 0.00 | 0.00 | 0.00 |
| Administered | Special Purpose Payments | 0.00 | 0.00 | 0.00 |
| Administered | Assets and Liabilities | 0.00 | 0.00 | 0.00 |
| Administered | Subtotal | 0.00 | 0.00 | 0.00 |
| Departmental | External Revenue | 209,268,000.00 | 232,649,000.00 | 197,918,000.00 |
| Departmental | Non-operating | 0.00 | 0.00 | 0.00 |
| Departmental | Operating | 9,420,000.00 | 9,361,000.00 | 9,207,000.00 |
| Departmental | Special Appropriation | 0.00 | 0.00 | 0.00 |
| Departmental | Equity Injections | 22,850,000.00 | 41,600,000.00 | 41,600,000.00 |
| Departmental | Subtotal | 241,538,000.00 | 283,610,000.00 | 248,725,000.00 |
| Total | 241,538,000.00 | 283,610,000.00 | 248,725,000.00 | |