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NSW Budget: Empowering the Indigenous community
NSW continues to lead the way on social impact investments by committing $10 million over four years to Aboriginal economic development opportunities in the 2018-19 Budget.
NSW Treasurer Dominic Perrottet said the funding is part of a host of initiatives designed to improve the wellbeing of Aboriginal communities.
The nation’s first Aboriginal Languages Trust will be established with a $2.8 million budget investment and a new Aboriginal Social Housing Strategy will be allocated $33.1 million over four years.
“NSW is leading the nation in social impact investment. In the past five years we have commissioned more than $200m in outcomes based contracts which aim to improve the lives of 16,000 vulnerable people across our State,” Mr Perrottet said.
“Tangible results in this area have moved us to commit $10m to this new social impact investment which will focus on Aboriginal employment and wealth creation.”
The Office of Social Impact Investment will call for innovative community-led initiatives to improve Aboriginal employment outcomes, wealth creation and well-being.
Mr Perrottet announced that Warren Mundine AO would join the NSW Social Impact Investment Expert Advisory Group.
“Warren Mundine is a great leader in the indigenous community, he’ll provide advice on how the Government can get the best results possible from social impact investment.” he said.
The NSW Government is also paving the way for other states and territories through the establishment of an Aboriginal Languages Trust.
Minister for Aboriginal Affairs Sarah Mitchell said this is a critical step in acknowledging the value and importance of language to our First Peoples and to the state.
“Last year, NSW was the first state in Australia to pass legislation with the sole purpose of ensuring the long-term revival of Aboriginal languages,” Ms Mitchell said.
“The NSW Government will work diligently alongside Aboriginal communities to ensure the Trust is as effective as possible.”
NSW will also invest $33.1 million over the next four years on a new Aboriginal Social Housing Strategy.
Minister for Family and Community Services Pru Goward said the strategy will implement programs designed to create positive change and pathways to housing independence together with strengthening the Aboriginal Community Housing sector.
“The more Aboriginal people that can access the services they need when they need them, the more they will be empowered to move along the path to housing independence.” Ms Goward said.
“This new strategy will focus on partnerships with the local communities and evidence based demand to ensure better social outcomes for the Aboriginal people across NSW.”
MEDIA: Emma Renwick | Treasurer | 0436 373 770 Sally Taylor | Minister Mitchell | 0428 149401 Amy Dale | Minister Goward | 0418 910 598