News and Media


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. […]

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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 […]

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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 […]

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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 […]

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JV has positive impact on the Fitzroy Crossing Community

In light of a recent article appearing in the West Australian regarding the Fitzroy Crossing Inn, IBA’s chairman Mr Joseph Elu has agreed to undertake an independent review of IBA’s involvement in the investment. The General Manager of IBA said “IBA will appoint a prominent Australian to join the Chairman in a visit to this […]

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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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Indigenous people investing in their own future: Elu

Indigenous Business Australia (IBA) celebrated another major milestone in its history today and Chairman Joseph Elu stated “that he was proud of the record of the organisation in finding commercial solutions for the development of Indigenous Australians” He added “It is two years since the Business Development & Assistance and Home Ownership Programmes joined IBA, […]

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Record growth for Indigenous home ownership

The dream of living in their own home has become a reality for over 1000 Indigenous people this financial year through Indigenous Business Australia’s home ownership programme. This programme continues to go from strength to strength, building on the achievements of the 2005/06 financial year. The value of loans approved by Indigenous Business Australia (IBA), […]

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Joseph Elu clarifies his decision to resign from the National Indigenous Council

Canberra – The Chairman of Indigenous Business Australia (IBA), Mr Joseph Elu today responded to recent media reports about his decision not to renew his appointment as a member of the National Indigenous Council (NIC). Mr Elu wrote to The Hon Mal Brough, Minister for Families and Community Services and Indigenous Affairs in October this […]

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Joseph Elu Clarifies Outback Stores Supply Contracts

Canberra – The Chairman of Indigenous Business Australia (IBA), Mr. Joseph Elu today responded to recent media reports about wholesaler Metcash securing supply contracts with a subsidiary company of IBA’s, Outback Stores. Mr. Elu said that ‘Apart from an arrangement with Metcash to supply a pilot programme, consisting of up to seven stores, as yet […]

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