News and Media


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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Outback Stores to unveil high-level board

The Chairman of Indigenous Business Australia (IBA), Mr Joseph Elu, is to head a Board that includes some of the country’s leading former CEOs from the retail and wholesale sectors in a bid to improve and expand the number of remote community stores in Indigenous areas. “This has been a long time coming. If it […]

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Celebrities to attend historic First Nations Economic Conference

Celebrities such as opera diva Deborah Cheetham, AFL star Adam Goodes, former Senator Aden Ridgeway and chef Mark Olive, otherwise known as the Black Olive, will feature prominently at next month’s first ever international economic conference organised by Indigenous Business Australia. Delegates from Canada, New Zealand and South Africa are expected to share knowledge with […]

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Indigenous Business Australia welcomes Budget funding

The Chairman of Indigenous Business Australia (IBA), Mr Joseph Elu, has welcomed the commitment of $3.3 billion in funding to Indigenous Australians announced in the 2006-07 Budget. Included in the package is $488 million for key areas like housing, education, health and leadership training as well as $48.1 million over four years to improve and […]

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Innovative approach to Indigenous Community Stores

The Chairman of Indigenous Business Australia (IBA), Mr Joseph Elu, has welcomed the Australian Government Budget announcement committing $48.1 million to an innovative model for community stores in Indigenous communities. As a result of this funding, IBA will establish a new company called Outback Stores that will provide a commercial management model for better governance, […]

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Indigenous Families to Benefit from Budget Injection into IBA Homes

The 2006-07 Budget reflects the Australian Government’s commitment to increasing home ownership among Indigenous Australians. The Chairman of Indigenous Business Australia, Mr Joseph Elu has welcomed the $20 million capital injection to the Home Ownership Programme, known as IBA Homes. Home ownership is recognised as a starting point for further participation in the economy through […]

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