IBA guides the delivery of its outputs through its governance and policy framework. This framework comprises IBA's enabling legislation, other statutes and government policies, the Board and Management team, strategies, plans, policies and procedures.
The Board is appointed by and accountable to the Minister for Indigenous Australians. Under the Aboriginal and Torres Strait Islander (ATSI) Act 2005 the IBA Board are required to prepare a Corporate Plan that sets out a statement of IBA's objectives and outlines the strategies and practices that the Board intends to adopt to achieve those objectives. Three Board Committees - the Audit Committee, the Finance and Investment Committee, and the Remuneration and Nomination Committee - assist the Board.
In accordance with section 168 of the ATSI Act, the Board appoints a Chief Executive Officer who manages the day-to-day administration of IBA. The Chief Executive Officer is supported by an Executive Management Team, Management Committees and staff.
The Australian Government communicates its expectations that the responsibilities between portfolio bodies and other arms of government are well defined, and that the agency’s actions are transparent and accountable. The Minister for Indigenous Australians issued these expectations of IBA (PDF 104 KB) taking into account the statutory independence and relevant legislative framework of IBA on 16 February 2021.
The following flow chart illustrates the governance and policy framework under which IBA operates.