What is the ILC?
The Indigenous Land Corporation (ILC) is a corporate Commonwealth entity established in 1995 to assist Aboriginal and Torres Strait Islander people acquire and manage land to achieve economic, environmental, social and cultural benefits.
The ILC's primary governing legislation is Part 4A of the Aboriginal and Torres Strait Islander Act 2005
The ILC has priority outcomes for achieving Indigenous benefits:
- Access to and protection of cultural and environmental values: The ILC recognises the importance of land to Indigenous people's cultural identity. We are committed to assisting Indigenous people acquire and manage land of cultural and environmental significance, and to protecting and maintaining the cultural and environmental values of land.
- Socioeconomic development: The ILC assists projects that deliver social and economic outcomes for Indigenous Australians. Priority is given to projects that provide sustainable employment and training that leads to employment. The ILC believes that sustained employment creates a range of benefits for Indigenous people, including increased standards of living, income and improved health and wellbeing.
By committing to these priorities, the ILC is helping to build a secure and sustainable Indigenous land base, now and for future generations.
Achievement of benefits for Indigenous people
The ILC achieves benefits for Aboriginal and Torres Strait Islander people through
The ILC's subsidiaries were established to achieve benefits for Indigenous people in specific ways.
The ILC defines Indigenous benefits as long-term improvements in Aboriginal and Torres Strait Islander wellbeing. The ILC uses priority outcomes and progress indicators to measure its performance.
Priority outcomes and progress indicators
||Deliver social, cultural, environmental and economic benefits to Aboriginal and Torres Strait Islander people through land acquisition and land management.
- Access to and protection of cultural and environmental values
- Socioeconomic development
- Employment participation
- Training participation
- Expansion of the Indigenous estate
- Access to country
- Generation of new and/or increased income
- Indigenous business creation and development
- Participation in social and community activities
- Access to a social service
- Maintenance or revitalisation of culture
- Improved management and development of Indigenous-held land
- Access to and/or protection of culturally significant sites
- Protection or restoration of environmental heritage values
Policy and planning
The ILC's major policy is the National Indigenous Land Strategy (NILS)
. The NILS outlines the policies, strategies, and priorities that guide the ILC's land acquisition and land management functions. In addition, the ILC has Regional Indigenous Land Strategies (RILS)
which give information about the operating environment in each state and territory.
A range of documents guide the ILC's effective operation and performance, available from the Publications page
Funding the ILC
The ILC receives an annual payment of at least $45m, derived from investment returns of the Aboriginal and Torres Strait Islander Land Account, which funds the ILC. The ILC cannot access or use the capital of the Land Account.