Outcome and outputs structure
Figure 1 shows IBA’s performance reporting framework, which is based on delivering one ‘outcome’: Stimulating the economic advancement of Aboriginal and Torres Strait Islander peoples. The functions performed by IBA to produce the desired outcome are defined as ‘outputs’. IBA’s outcomes and outputs, and corresponding key performance indicators, are described in the annual Department of Families, Housing, Community Services and Indigenous Affairs (FaHCSIA) Portfolio Budget Statements 2008–09.
| Outcome 1 Stimulating the economic advancement of Aboriginal and Torres Strait Islander peoples |
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|---|---|---|---|
| Total price: $121.101 million Departmental outputs appropriation: $37.402 million |
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| Output group 1.1: Equity and investments |
Output group 1.2: Home ownership |
Output group 1.3: Business development and assistance |
Output group 1.4: Home ownership on Indigenous land |
| Total price: $31.649 million Appropriation: Nil |
Total price: $44.427 million Appropriation: $6.756 million |
Total price: $35.619 million Appropriation: $23.538 million |
Total price: $9.406 million Appropriation: $7.108 million |
| Purpose: IBA brings together Indigenous Australians and industry capability partners into sustainable commercial ventures which provide for profit distribution, employment opportunities and asset accumulation. | Purpose: IBA aims to provide an affordable entry into home ownership for Indigenous people, particularly those on lower incomes. The Home Ownership Program is focused on first home buyers who have difficulty obtaining home loan finance from mainstream commercial lenders. The program’s success is assessed in terms of increasing Indigenous home ownership rates so that they are closer to that of the wider Australian community. | Purpose: IBA will assist Indigenous people to establish, acquire and grow viable businesses, thereby contributing to employment, wealth creation and participation in the economy. The program is aimed at those Indigenous people who are unable to access private sector finance. The success of the program is assessed on how effectively it assists Indigenous people to develop successful businesses. | Purpose: IBA aims to provide incentives and affordable loans aimed at making home ownership a realistic choice for Indigenous people living on community titled land. |
| For performance details, see page 21 | For performance details, see page 45 | For performance details, see page 60 | For performance details, see page 74 |