The Registrar’s functions include supporting Aboriginal and Torres Strait Islander corporations to succeed and promoting good governance.
ORIC delivers corporate governance training to corporations that are either registered under the CATSI Act or planning to be. The training supports good governance and works to:
We provide a process for Aboriginal and Torres Strait Islander corporations to register, and maintain a register of information and documentation to ensure transparency of their operations.
The Registrar is responsible for administering the CATSI Act. This involves creating a sustainable regulatory framework to give effect to the legislation.
We set standards for good governance, identify and manage risks, and conduct research and analysis to understand where there are patterns of issues that need to be addressed. We provide information to government, corporations and the wider community about the performance of the Aboriginal and Torres Strait Islander sector.
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:
