Closing the Gap - Business Action Agenda

Closing the Gap - Business Action Agenda

Department of Families, Housing, Community Services and Indigenous Affairs

Key Elements

The Australian Government will provide $3.0 million over four years to implement a Business Action Agenda to encourage and assist the corporate sector to work with government to close the gap in Indigenous disadvantage. 

The Business Action Agenda will provide support and advice to organisations and individuals, including the private, philanthropic and not-for-profit sectors, looking to contribute to improving Indigenous outcomes.

The strategy will also create a structure for the private sector to provide feedback to the Government on Indigenous economic development issues.

Further advice on the details and implementation of the Agenda will be released closer to 30 June 2009.

Background

There is an increasing recognition that for Australia to close the gap a concerted effort will be required across government, the private sector and the broader community.  Following the National Apology, many companies have expressed a strong desire to contribute to improving Indigenous outcomes.  However, feedback from the Business Council of Australia reveals that many businesses are unsure of how to proceed. This measure will provide a mechanism to encourage and support businesses to undertake initiatives to close the gap

The Government also recognises the unique roles that the private sector can play in supporting Indigenous economic participation. Recognising this, the Government will establish a mechanism for the private sector to provide strategic advice to government on Indigenous economic development issues. 

Implementation

This measure will be implemented by 1 July 2009.

Total Government Funding

$3 million over four years.

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