GovernanceThe Information Publication Scheme (IPS) aims to transform the freedom of information framework from one that responds to individual requests for access to documents, to one that requires Australian Government agencies to take a proactive approach to publishing information.
Information Publication Scheme Plan for IBA
Part II of the Freedom of Information Act 1982 (FOI Act) establishes an Information Publication Scheme (IPS) for agencies, reflecting increased recognition that public sector information should be managed for public purposes, as a national resource. Indigenous Business Australia (IBA) intends to foster a culture of continuous and proactive disclosure.
Who we are
What we do
Major organisational documents and information provided to Parliament
IBA is exempt from publishing operational information in respect of its commercial activities. Other operational information is found throughout this website, particularly in the following sections:
- Customer Service Charter
- IBA’s confirmation of descent process
- Home Loans for Indigenous Australians brochure (PDF 877KB, new window) – provides information on IBA’s Home Ownership Program for eligible individuals and families.
- Applying for an IBA Housing Loan
- Freedom of Information
- Feedback and Complaints
- Our Investment Selection Criteria
- Making a Public Interest Disclosure
Additional publications that may be of interest are housed in our Publications section.
Routinely requested information and disclosure log
IBA will continue to monitor information which is routinely requested during the period prior to the next review and will publish those documents on this website. IBA will identify these documents in its Freedom of Information Disclosure Log.
As a Commonwealth Corporate Entity, IBA is required to report annually on directors/senior executive/senior management remuneration and we meet this obligation through our annual report. In addition, we have been requested to publish relevant information relating to executive remuneration on our website. This information for financial year 2017-18 is outlined in the table below.
|Total remuneration||Executives (no.)||Average reportable salary ($)||Average contributed superannuation ($)||Average total remuneration ($)|
|$200,000 and less||4||$115,378||$13,467||$128,845|
|$250,001 to $275,000||–||–||–||–|
|$275,001 to $300,001||1||$233,400||$41,612||$275,013|
|$300,001 to $325,000||2||$302,614||$31,083||$333,697|
|Total number of executives||7|
|* nil bonuses paid|
|Total remuneration||Highly paid staff (no.)||Average reportable salary ($)||Average contributed superannuation ($)||Average total remuneration ($)|
|$200,001 to $225,000||4||$180,950||$24,101||$205,051|
|$225,001 to $250,000||2||$205,111||$29,743||$234,854|
|Total number of highly paid staff||6|
|* nil bonuses paid|
The position of Chief Executive Officer is classified as a Principal Executive Officer and is remunerated consistent with determinations as and when made by the Remuneration Tribunal (an independent statutory body that determines the remuneration of key commonwealth offices). IBA Directors are considered part time public office holders and are remunerated in accordance with determinations as and when made by the Remuneration Tribunal for part time public office holders.
IBA’s Senior Executives are generally engaged on term based employment contracts which detail the terms and conditions of employment including remuneration. Terms and conditions for all other staff (including senior managers) are contained in IBA’s Enterprise Agreement 2016–19.
There are currently no proposals whereby IBA is seeking public consultation. Should IBA undertake any work that utilises public consultation, the relevant details will be published here.
For further information please email or write to:
PO Box 650
Fyshwick ACT 2609
or phone 02 6110 2700.