Indigenous Business Australia Outcome 1
Description
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 | IBA increases wealth and economic independence for Aboriginal and Torres Strait Islander people by delivering: * finance products and tailored support for home ownership * finance products and tailored support to help start, acquire, or grow a business * investment and direct management of businesses and assets as well as commercial capability development |
Contributing programs
Appropriations
| Appropriation | Appropriation subtype | 2023-24 | 2022-23 |
|---|---|---|---|
| Budget Estimate | Estimated Actual | ||
| Special Accounts | 0.00 | 0.00 | |
| Administered | Non-operating | 0.00 | 0.00 |
| Administered | Operating | 0.00 | 0.00 |
| Administered | Special Appropriation | 0.00 | 0.00 |
| Administered | Special Purpose Payments | 0.00 | 0.00 |
| Administered | Assets and Liabilities | 0.00 | 0.00 |
| Administered | Subtotal | 0.00 | 0.00 |
| Departmental | External Revenue | 209,268,000.00 | 232,649,000.00 |
| Departmental | Non-operating | 0.00 | 0.00 |
| Departmental | Operating | 9,420,000.00 | 9,361,000.00 |
| Departmental | Special Appropriation | 0.00 | 0.00 |
| Departmental | Equity Injections | 22,850,000.00 | 41,600,000.00 |
| Departmental | Subtotal | 241,538,000.00 | 283,610,000.00 |
| Total | 241,538,000.00 | 283,610,000.00 |