IBA Annual Report 2022-23 is now available

Our latest annual report demonstrates what investing in Aboriginal and Torres Strait Islander people can achieve! Our staff are committed to delivering on our vision of a nation in which Aboriginal and Torres Strait Islander people are economically independent and an integral part of the economy.

Some of the highlights from the latest report include:

• Our consolidated total assets now exceeding $2 billion, growing from around $1.5 billion just 5 years ago.
• Supporting 465 customers into home ownership and hosting home ownership workshops for 1,334 First Nations people.
• Providing new business finance to 160 customers, enabling them to start or expand their ventures.
• Facilitating business capability building workshops for 590 entrepreneurs, equipping them with the necessary skills to thrive in the business world.
• Approximately 5% of our home loan customers successfully transitioning to mainstream financial institutions.
• Five-year average returns of 6.2% to our Aboriginal and Torres Strait Islander co-investors.

The report also includes stories from inspiring, resilient and determined customers including new homeowner Nikea, entrepreneur Black Arc Industries, and joint venture with Yamatji Fresh Produce, as well as an empowering partnership with Empower Digital.

We strive to make an impact that aligns with our values. For more info and all the details, please check out our IBA Annual Report 2022-23.