Key findings

  • The combined income of the top 500 Aboriginal and Torres Strait Islander corporations for 2014–15 was $1.88 billion (compared to $1.74 billion in 2014–15, an increase of 8.2 per cent).
  • The ten-year average annual growth rate of total income for corporations was 9.4 per cent.
  • In comparison to 2013–14 the average income of the top 500 corporations in 2014–15 increased from $3.48 million to $3.76 million.
  • Corporations in the Pilbara region have experienced the first fall in average income since 2007–08. However their average income is still well above the national average.
  • In 2014–15 the greatest source of revenue for the top 20 corporations came from self‑generated income (43.0 per cent of total income). Government funding made up 39.3 per cent of the total income.
  • As in 2013–14, the health and community services sector was the largest with 197 of the top 500 corporations operating in this sector (39.4 per cent).
  • There were 11,095 FTE employees within the top 500 Aboriginal and Torres Strait Islander corporations.
  • The combined value of assets held by the top 500 corporations was $2.224 billion (compared to $2.104 billion in 2013–14, an increase of 5.7 per cent).
  • As at 30 June 2015 there were 144 registered native title bodies corporate (RNTBCs), up from 129 last year.
  • In 2014–15 the combined income of RNTBCs almost doubled (from $57.5 million to $112.0 million).
  • The average income of RNTBCs that recorded an income greater than zero (54.2 per cent of RNTBCs) was $1,436,136 compared to $844,905 in 2013–14.
Published