Regulating Indigenous Corporations - Final Report

Indigenous AffairsEconomic Development
Wednesday, July 5, 2017
Publication author(s):
KPMG
Publication abstract:

The Registrar of Indigenous Coprorations and the Office of the Registrar of Indigenous Corporations (ORIC) is charged with supporting better governance by approximately 2,800 corporations registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act), and enforcing compliance with the CATSI Act. It does this with 47 staff across Australia, and an annual budget of $7.9 million, making it a comparatively small Australian Government regulator.

This Review has been initiated to identify opportunities tio improve the effectiveness of ORIC, and to enhance the CATSI Act.

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