About US
Aboriginal Investment NT is the first of its kind: an investor, enabler, catalyst and advocate, designed by Aboriginal people to enable Aboriginal-led investment and deployment of capital aligned with Aboriginal development priorities.
Aboriginal Investment NT was established as the Northern Territory Aboriginal Investment Corporation (NTAIC), a corporate Commonwealth entity under the Aboriginal Land Rights (Northern Territory) Act 1976 (Land Rights Act). The NTAIC Rules allow NTAIC to be known as Aboriginal Investment NT, a name which we have now formally adopted. Our statutory purpose is to make grants, provide financial assistance and invest to promote the self-management, economic self-sufficiency and social and cultural wellbeing of Aboriginal people living in the NT.
Aboriginal Investment NT understands and operationalises this legislative purpose through the prism of Aboriginal self-determination. We view self-management and economic self-sufficiency as key elements of Aboriginal self-determination which is, in turn, the key mechanism through which Aboriginal wellbeing is achieved. Understanding our legislative purpose through this prism of Aboriginal self-determination provides a holistic, integrated, rights-based and evidence-backed framework for achieving our purpose.
Our long-term vision is for Aboriginal Territorians to have the agency and resources to make choices and negotiate opportunities
to self-determine their own economic, social and cultural needs, and to live well according to their own values and measures of success.
Our capital of $680 million is drawn from the Aboriginal Benefits Account - a Commonwealth Special Account established under the Land Rights Act to receive royalty equivalents from mining on Aboriginal owned and controlled land in the NT. Through Aboriginal Investment NT, this Aboriginal money is now in Aboriginal hands.
With best-practice governance and broad-ranging powers – including to borrow money, make loans, give guarantees, act as trustee, form companies and enter into joint ventures and arrangements – we are well-positioned to demonstrate the power and impact of Aboriginal-led investment and deployment of capital in the NT.
