The purpose of the Indigenous Investment Principles (IIPs) is to provide guidance to effectively facilitate greater economic resilience for Indigenous Australians, organisations and communities, and to empower groups to be strong, active participants in the Australian economy.
Download a printable copy of the Indigenous Investment Principles (PDF 600KB, new window).
In December 2013, IBA facilitated a forum, ‘Pathways to Prosperity’, which was attended by representatives of eight Indigenous organisations from across Australia. Participants shared knowledge about the common challenges and opportunities their respective Indigenous organisations face in establishing effective governance and investment strategies, and agreed on the need to develop a set of Indigenous Investment Principles.
At a subsequent ‘Growing with Governance Forum’ in 2014, a broader group of 22 organisations agreed to establish a working group to develop a set of draft investment principles specifically designed to address Indigenous circumstances. The key objective of the Indigenous Investment Principles is to provide a voluntary framework for Indigenous Australians to establish strong, independent and enduring economic foundations.
‘Indigenous Australians are committed to increasing their engagement in the economy on all fronts, including investment opportunities. Effective market and economic participation has enormous potential to foster culturally, linguistically and environmentally resilient communities, honouring the land, water and cultural heritage from which the financial opportunity originates, and strengthening prospects for present and future generations’ – Indigenous Investment Principles.
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