Primary Industries
Building capacity through education, training and employment.
An Investment Highlight
Snapshot
Impact
Current Assets
An Investment Highlight - Cummeragunga Farm, NSW
IBA invests in assets that facilitate the transfer of knowledge and skills, providing remote Indigenous communities with employment and training options.
| IBA acquired Cummeragunga Farm in 2005. The property is a 398-hectare freehold farm adjacent to the Murray River near the town of Barmah, in New South Wales. The farm consists of good quality land, part of which is suitable for irrigation through a water allocation from the Murray River. IBA has been working with a local registered training organisation to develop and deliver training in commercial farming operations to the local Indigenous community. |
 Cummeragunga Farm near Barmah, New South Wales. |
Our Primary Industries portfolio
Investments in primary industries are characterised by unique risks and challenges, including pests and diseases, climate change, varying input and output prices, and fluctuating exchange rates. Despite these difficulties, IBA’s involvement in this sector helps Indigenous Australians living in remote locations where there are often limited education and employment opportunities.
- A portfolio value of $1.9 million (as at 31 October 2012).
- At Cummeragunga Farm in NSW, IBA has been working with a local registered training organisation to develop and deliver training in commercial farming operations to the local Indigenous community.
For further information about our Primary Industries portfolio, please email (new window) or Freecall 1800 107 107.
| Location | Details | |
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Cummeragunga Farm, Barmah NSW | IBA acquired Cummeragunga Farm in 2005. The property is a 398-hectare freehold farm adjacent to the Murray River near the town of Barmah, in New South Wales.The farm consists of good quality land, part of which is suitable for irrigation through a water allocation from the Murray River. IBA has been working with a local registered training organisation to develop and deliver training in commercial farming operations to the local Indigenous community. |
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Indigenous Fishing Trust: abalone licence, Port Fairy,VIC |
The aim of the Indigenous Fishing Trust is to acquire and hold quota and associated licences for the benefit of present and future generations of Indigenous Australians wishing to enter the fishing industry. In December 2004, the Trust acquired its first quota and associated licence. The licence allows for an annual quota of abalone to be fished from the Western Zone of Victoria, which lies between Apollo Bay and the Victorian–South Australian border. |
Read about other asset groups within IBA’s investment portfolio including:
- Tourism and Accommodation
- Retail
- Industrial: including Primary Industries (as above), Manufacturing, Mining and Mine Services and Communications
- Commercial Property
- Leasing
