Strong corporations, strong people, strong communities
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:
- our regulatory approach
- the risks we identify
- how we categorise and prioritise cases
- how we measure our performance.
Our work is also directed by a strategic plan and a corporate plan. The current versions cover the period 2017–20. Our corporate documents are available at oric.gov.au/about-us.
The Registrar’s budget allocation for 2016–17 was $8.378 million, very similar to the $8.380 million allocated in the previous year.
On 5 July 2017 Minister Nigel Scullion announced additional funding of $4 million for ORIC. The funding is spread across four years from 1 July 2017 and will bolster ORIC’s work in supporting and regulating Aboriginal and Torres Strait Islander corporations.
As at 30 June 2017, ORIC had a staff of 50 people (47.6 full-time equivalent) and:
- 38 worked from the Canberra office
- 12 worked from a regional office
- 48 per cent were Aboriginal and/or Torres Strait Islander
- 54 per cent were women
- 12 per cent were part-time.
Senior managers as at 30 June 2017: