Our Corporate Plan 2023-24 is now published.
The plan lays out our key activities and pathways to prosperity alongside Aboriginal and Torres Strait Islander people. By growing our net assets to $2.5 billion over the next five years we will be able to support more than 10,000 Aboriginal and Torres Strait Islander people.
“Managing, growing, and strengthening our asset base is the cornerstone of our mandate. This enables us to invest in significantly more Aboriginal and Torres Strait Islander people over time.”
“Our new strategy and corporate plan will continue to build on this strong foundation by engaging and collaborating with Aboriginal and Torres Strait Islander people, businesses, and communities, and investing in sustainable commercial ventures.” Eddie Fry, IBA Chairperson.
IBA drives financial inclusion and economic empowerment with Aboriginal and Torres Strait Islander people.
Our technical capability as a financial services provider coupled with culturally informed customer service have a positive impact on the lives of many. We will continue to foster a diverse, inclusive, and high-performing team grounded in strong values.
Our 2028 strategy builds on our 30-year history and experience to focus on the financial wellbeing of Aboriginal and Torres Strait Islander people. Taking a wellbeing approach shows an understanding of where our target outcomes fit within the broader needs of the people we serve.
The strategy and performance framework has four overarching goals:
Investing in these areas ensures we continue to achieve positive economic, social, environmental and cultural impacts for our customers. Collaboration and partnerships will help us expand our impact.
“We know from our own research and customer feedback that demand for our products and services continues to grow. During the next five years, we will facilitate new investment opportunities and new partnership arrangements that increase wealth and assets for Aboriginal and Torres Strait Islander people.” Kirsty Moore, IBA CEO.
You can find our current and previous plans on our website under Corporate Documents.