Theme New Markets Social Enterprise for Jobs, Inclusion and Sustainability Session Closing the Indig

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ThemeNew Markets Social Enterprise for Jobs,
Inclusion and Sustainability  SessionClosing
the Indigenous Economic Gap

• Chair Mr Neil Willmett
• Chair, Indigenous Business Council of Australia
  (IBCA)

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Overview of Session

• Indigenous Business Council of Australia (IBCA)
• Indigenous Business Sector
• Indigenous Closing the Gap Campaign
• Indigenous economic development in Australia
• Guest Speakers
• Question Answers

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IBCA - Who Are We?

• Indigenous Business Council of Australia (IBCA)
• Established in 2009 to provide a national
  independent voice and to build, empower and lead
  the Indigenous Business Sector
• Made up of Indigenous business owners and their
  representatives
• Focus Areas - Indigenous business advocacy
  Promotion of business education, skill
  development and research Business reforms
  Sustainable business growth strategies and
  Strategic partnerships

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Snapshot of the Indigenous Business Sector

• Size - Small (0.17)
• Structure most employ 4 or less
• Industry Areas found in every Industry. Most
  common trades and new knowledge industries i.e.
  IT, professional services etc.
• Locations - New South Wales (37), Queensland
  (28) and Victoria (10). Mainly urban locations.
  

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Indigenous Business Ownership in Australia

• Almost 2 million businesses in Australia
• The 2006 Census shows that there were more than
  3000 self employed Indigenous people in
  Australia.

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Small Part of The Small Business Sector

• Indigenous business represent a very small
  fraction (0.17) of the small business sector in
  Australia (1,929,828)

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Decline in Indigenous Business in Australia

• A decline of almost 20 between the 2001 2006
  Census data
• Declines in every state/territory (except ACT)

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Indigenous Self Employment by State 1996 2006
(2007 ABS Data)
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Indigenous Closing the Gap Campaign

• Background
• Australian Government's Reform Agenda
• to address the structural and systemic problems
  that are producing appalling outcomes for
  Aboriginal and Torres Strait Islander people in
  Australia.

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Indigenous Closing the Gap Campaign

• Components
• Targets
• Building blocks
• Strategies

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Indigenous Closing the Gap Campaign

• Australian Government Targets
• to close the life-expectancy gap within a
  generation
• to halve the mortality gap between children under
  age 5 within a decade
• to halve the gap in literacy and numeracy
  achievement between students within a decade
• to halve the gap in employment outcomes within a
  decade
• to at least halve the gap in attainment at Year
  12 schooling (or equivalent level) by 2020 and
• to provide all four year olds in remote
  communities with access to a quality preschool
  program within five years.

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Indigenous Closing the Gap Campaign

• COAG has identified a number of strategic
  platforms or 'building blocks' that need to be in
  place in order to comprehensively address the
  current state of disadvantage
• Australian Government Building Blocks
• Healthy homes
• Safe communities
• Health
• Early childhood
• Schooling
• Governance and leadership
• Economic participation

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Indigenous Closing the Gap Campaign

• Economic Participation Build Block
• Participation in the Australian economy and
  intergenerational wealth transfer are critical to
  reducing Aboriginal and Torres Strait Islander
  disadvantage.
• Election promise - Overarching Indigenous
  Economic Development Strategy (IEDS)

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Indigenous Economic Development in Australia

• Status
• Australian Government working on Indigenous
  Economic Development Strategy (IEDS).
• MORE URGENTLY NEEDS TO HAPPEN
• Indigenous business owners leading reforms
• AIMSC
• IBCA
• Victorian Aboriginal Economic Development Group
• Indigenous Chambers of Commerce

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Indigenous Economic Development in Australia

• At 30 June 2006, the Indigenous estimated
  resident population of Australia was 517,200 or
  2.5 of the total population
• 2.5 Indigenous participation is a benchmark in
  employment and business
• 2.5 of the Small Business Sector?

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2.5 48,000 Indigenous Businesses

• Indigenous business currently represents 0.17 of
  the small business sector in Australia
• 2.5 would equal approximately 48,246 Indigenous
  businesses

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Participation in the Australian economy and
intergenerational wealth transfer are critical to
reducing Aboriginal and Torres Strait Islander
disadvantage
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Guest Speakers

• Mr Jason Eades    
• Koori Heritage Trust, Australia
• Ms Natalie Walker
• Australian Indigenous Minority Supplier Council
• Dr Manuka Henare   
• University of Auckland Business School, New
  Zealand

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Question Answers
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Thank You