In 2016–17 ORIC developed a formal performance measurement framework. It describes how we measure the value of the work we do and provides the backbone for this yearbook.
Currently, we measure our performance by output, which helps us to understand the efficiency of our operations. Over the next five years we want to build capability to measure our impact on good governance and trust in the Aboriginal and Torres Strait Islander sector—our outcomes.
Aboriginal and Torres Strait Islander corporations play an important role in the lives of Aboriginal and Torres Strait Islander people and their communities, as well as in the broader Australian society. Our vision is of well-governed corporations that inspire trust in the sector and provide high-value services and benefits to members and communities.
To achieve that vision, ORIC staff operate within a framework that covers:
Anthony Beven, Registrar of Indigenous Corporations
The Registrar of Indigenous Corporations is an independent statutory office holder who administers the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act). The CATSI Act has some unique features:
Arnhem Land, Northern Territory: Beginning in 1972 as a cooperative of community stores in seven communities, The Arnhem Land Progress Aboriginal Corporation (ALPA) is now the highest-earning corporation under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act). In 2015–16 it generated income of over $95 million—with a tidy $5 million surplus for its five member communities—Galiwinku, Gapuwiyak, Milingimbi, Minjilang and Ramingining. It’s a smart, diverse operation strengthened by a passion for bridge-building.
The link below right takes you to the next section, or you can use the list of contents on the left to jump to a particular section of the report.
See also the media release about this report.
