INDIGENOUS BUSINESS AUSTRALIA
About
Indigenous Business Australia (IBA) is an Australian Government statutory corporation established to promote and encourage self-management, self-sufficiency, and economic independence for Aboriginal and Torres Strait Islander peoples. It operates with a commercial focus to facilitate wealth creation, asset accumulation, and the achievement of financial aspirations through home ownership, business ownership, and strategic investments.
Top Contracts (top 5)
Giving Philosophy
IBA's approach to giving is rooted in supporting Indigenous Australians to achieve economic independence and self-determination. They believe in fostering sustainable economic advancement for current and future generations by building mutually respectful partnerships, providing commercial expertise, and offering access to finance and business development support. This philosophy aligns with broader Indigenous business values emphasizing collective elevation, cultural pride, and community benefit beyond purely financial outcomes.
Tips for Applicants
Applicants should focus on presenting strong business plans that clearly articulate how their initiatives will contribute to wealth creation and economic independence for Aboriginal and Torres Strait Islander peoples. Demonstrating alignment with IBA's objectives of fostering self-management, commercial success, and community development is crucial. Highlighting any social or cultural benefits beyond financial returns will also be beneficial.
Financial History (5 years)
| Year | Revenue | Expenses | Assets | Surplus |
|---|---|---|---|---|
| 2023 | $340.2M | $263.6M | $2.2B | $78.9M |
| 2022 | $367.6M | $289.1M | $2.0B | $81.7M |
| 2021 | $343.5M | $239.1M | $1.9B | $105.1M |
| 2020 | $283.3M | $254.1M | $1.7B | $30.3M |
| 2019 | $276.5M | $243.4M | $1.6B | $43.0M |
Community Evidence
External EvidenceIdentity
- GS ID
- AU-ABN-25192932833
- ABN
- 25192932833
- Sector
- indigenous
- Website
- www.iba.gov.au/
- Financial Year
- 2023
Focus Areas
Board & Leadership (7)
- Darren Godwellchair
- Olga Havnenchair
- Brian Berodirector
- Claire Woodleydirector
- Douglas McTaggartdirector
- Joshua Gilbertdirector
- Leah Camerondirector
Financials
- Revenue
- $325.0M
- Assets
- $2.2B
Method
- Match Confidence
- registry
- Cross-references
- 2 datasets
- Match Key
- ABN
- Relationships
- 32
Matched by Australian Business Number (ABN) — high confidence. This entity was found across multiple government datasets using the same ABN.
Data Sources
JusticeHub
External LinkThis entity is also tracked in JusticeHub with 0 interventions and 0 evidence records.
External ecosystem profile linked from GrantScope for additional context. JusticeHub content is maintained separately.
View on JusticeHubLocation Intelligence
- Postcode
- 2603
- Locality
- Griffith (ACT)
- Remoteness
- Major Cities of Australia
- SEIFA Disadvantage
- Decile 10/10
- LGA
- Unincorporated ACT
- SA2 Region
- Griffith (ACT)
- Entities in Area
- 544