Australian Government: Indigenous Business Australia
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Appendices and referencesGlossary and Abbreviations

8

 

Term Meaning

ABS

Australian Bureau of Statistics

ALT

Asset Leasing Trust

ARIA

Accessibility/Remoteness Index of Australia, defined as the measure of remoteness and determined by the road distances to the nearest ABS-defined Urban Centres.

ATSI Act

Aboriginal and Torres Strait Islander Act 2005

ATSIC Act

Aboriginal and Torres Strait Islander Commission Act 1989

CDC

Aboriginal and Torres Strait Islander Commercial Development Corporation

CEIs

Chief Executive Instructions

CEO

Chief Executive Officer

CFO

Chief Financial Officer

COO

Chief Operating Officer

Enterprise Agreement

Details IBA’s employment conditions and is approved by the Workplace Authority.

EPBC Act

Environmental Protection and Biodiversity Conservation Act 1999

ESD

ecologically sustainable development

FOI Act

Freedom of Information Act 1982

IBA Home Loan Rate

The variable housing loan interest rate for owner‑occupied properties set by IBA from time to time. At 30 June 2015, the IBA Home Loan Rate was 5.25 per cent.

IBA Income Amount

Equivalent to 100 per cent of the national average weekly male earnings, as calculated by the ABS. At 30 June 2015, the IBA Income Amount was $79, 664.

IEDT

Indigenous Economic Development Trust

I-REIT

Indigenous Real Estate Investment Trade

LVR

loan‑to‑valuation ratio; this ratio is calculated by dividing the housing loan amount by the value of the property. For example, a $50,000 loan against a home that is worth $100,000 has an LVR of 50 per cent. The closer the LVR is to 100 per cent, the riskier it is viewed by lenders.

PBS

portfolio budget statements

PGPA Act

Public Governance, Performance and Accountability Act 2013

RAP

Reconciliation Action Plan

SES

Senior Executive Service

 

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