IBA embarks on major tourism venture in Townsville

Indigenous Business Australia (IBA) has announced a major economic initiative that will involve Indigenous Australians in the Tourism and Hospitality industry in Northern Queensland. Final settlement for the purchase of IBA’s latest major acquisition, the Holiday Inn Townsville was completed on Friday 6 June 2008. IBA General Manager Ron Morony said the acquisition of Holiday […]

Indigenous Home Ownership Research findings announced

Indigenous Business Australia (IBA) will be announcing the findings at the Australian Housing Researchers’ Conference on 19 June 2008, Melbourne. IBA commissioned the home ownership research amongst its Indigenous home loan clients to gain a better understanding of the social and economic benefits of home ownership for Aboriginal and Torres Strait Islander peoples. The research […]

Local Health Boost for Indigenous people

Indigenous Business Australia (IBA) Acting Chair Bob Blair was pleased to open the Bawrunga Aboriginal Medical Service (BAMS) at a ceremony held today at the new centre in Nambucca Heads. BAMS is a not-for-profit organisation whose primary objective is to serve the medical and health needs of the Indigenous and broader community. IBA provided business […]

Inspirational leader embarks on a new journey

The General Manager of Indigenous Business Australia, Mr Ron Morony, has paid tribute to the contribution made by former Chairman, Mr Joseph Elu, who recently resigned as the head of Australia’s prime body for promoting and implementing Indigenous economic development. After 12 years at the helm Mr Elu has returned home to Seisia as the […]

IBA Board members visit Coffs Coast region

Indigenous Business Australia (IBA) Board members arrived on 30 April to attend a Board meeting scheduled in Coffs Harbour today. IBA Board meetings scheduled in regional locations provide opportunities for Board members to meet face to face with staff, Indigenous and private sector representatives from the local community. IBA has a number of potential investment […]

IBA supports increased corporate involvement in Indigenous economic development

The general manager of Indigenous Business Australia, Mr Ron Morony, congratulates Royal Flying Doctor Service chief executive Nigel Milan’s suggestion that corporate Australia needs to work harder to tackle Indigenous disadvantage. IBA is a commercially focused organisation and has been encouraging corporate Australia to be more active in this area of supporting Indigenous economic development. […]

IBA Chairman Receives Australia Day Honour

Indigenous Business Australia Chairman Joseph Elu has been appointed as an Officer of the Order of Australia (AO) in the General Division for service to the Indigenous community. This award recognises his contribution in the field of economic development, the promotion of financial independence and facilitating community partnerships with skilled volunteers. Mr Elu has been […]

Ngarda Civil & Mining secures 5 year contract with BHP

Chairman of Indigenous Business Australia (IBA), Mr Joseph Elu congratulates Ngarda Civil and Mining on being awarded a 5 year mining contract expected to exceed $300 million for BHP’s ‘Yarrie mine’ in the Pilbara of Western Australia. “This contract is the largest ever secured by Ngarda and signifies a major step forward for Indigenous participation […]

Equity Offer to Joint Venture Partners

Indigenous Business Australia’s (IBA) General Manager Mr Ron Morony has announced today that IBA has offered its equity share in the Fitzroy Crossing Inn to its joint venture partners, who are now currently considering the offer under the terms of their partnership agreement. Mr Morony said “this decision does not impact on the review recently […]

IBA Chairman Challenges Native Title Conference Participants

Chairman of Indigenous Business Australia (IBA), Mr Joseph Elu, has challenged participants at the Native Title Conference in Cairns not to focus solely on negotiating access to native title lands but to also consider the means where Indigenous Australians can provide for the future by way of sustainable economic development. He stressed the importance of […]

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