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Showing 1 - 10 of 65 results for %22Indigenous Australians%22

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
The total superannuation found by First Nations Foundation on behalf of Indigenous Australians now comes in at $25.2 million. In 2023, the foundation reconnected First Nations people with $1.2 million, bolstering the total found. The superannuation ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... navigating industry identification verification processes to access financial services, according to ASIC. Indigenous Australians can face challenges when trying to access financial services, including a lack of formal identification, language barriers ...

First Nations Groups launch scholarship for Indigenous women in financial services

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
First Nations Economics and First Nations Foundation, two Indigenous organisations dedicated to economic empowerment, have launched a $120,000 scholarship program targeted at women studying finance and business. The Leah Armstrong Scholarship will grant ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
... Australians Capital (FAC) managing partner Benson Saulo wants to see financial institutions come to the table and back the Indigenous business sector. Ahead of the launch of FAC's Catalytic Capital Impact Fund which aims to support Indigenous-led ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
... and fewer opportunities for education and training. "The current system isn't working. That's why Indigenous Australians are asking for a Voice," he said. First Nations Foundation chair and Yorta Yorta man Ian Hamm concurred and said, denying ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... in a bid to tackle a lag in the employment rate of First Nations people. According to the paper, in 2021 Indigenous Australians aged 15 to 64 had a 52.2% employment rate compared to 74.6% for non-Indigenous people in the same age group, a 22.4% gap. ...

First Australians Capital appoints managing partner, receives $9m backing

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... commences the role effective immediately, will be responsible for facilitating private investment and capital into Indigenous businesses, as well as increasing impact within the Indigenous economy through corporate development and advisory services. ...

Super tough sell for First Nations people: Podcast

CASSANDRA BALDINI  |  FRIDAY, 11 AUG 2023
... Nations Foundation chief executive Phil Usher says superannuation is inadequate for meeting the needs of all Indigenous Australians, adding that change is needed to ensure better future outcomes. Going into detail, Usher said the system's architecture ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... funds, including AustralianSuper, Rest, and Hostplus. The complaints highlighted the projects "serious" human rights on Indigenous communities, including risks to spiritual, cultural and economic rights, as well as the failure to obtain free, prior ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... revealed that Aboriginal and Torres Strait Islander communities are at a significant disadvantage compared to the non-indigenous population in terms of meeting expenses, savings balances and use of financial products and services. Meanwhile, on how financial ...
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