Aboriginal people succeeding through ability, opportunity and reward for effort
Wunan News News & Updates from the field
Dec 8 2014
Wunan_Indigenous_Advancement_StrategyThe Commonwealth Government has consolidated all Indigenous programs into 5 areas of strategic priority, and recently opened a funding round for applications for programs commencing in 2015. Wunan submitted 7 requests; for programs aligned to both Government objectives and our own strategy for reform. Some were to continue current programs that are delivering results while threatened with closure due to short term funding cycles. Other new initiatives were proposed that will support long term change and improved outcomes for Aboriginal people. An evaluation mechanism was proposed for each funding application, recognising that measurable impact is essential; not only in the context of value for money, but also to ensure programs are actually delivering the outcomes intended. Wunan does not subscribe to the continued layering on of passive service delivery, and thus expects to be accountable for creating sustainable outcomes. Funding applied for under the Indigenous Advancement Strategy was as follows: […]   Read More.
Dec 8 2014
Wunan_Darwin_Vibe_Adina_HotelWunan has recently invested in the Darwin Vibe Adina Hotel. Indigenous Business Australia is a co-owner of this landmark property on the Darwin Waterfront, (along with DCW Hospitality Pty. Ltd.) and Wunan has acquired 10% of IBA’s holding. This reflects IBA’s mandate to create investment opportunities for Indigenous organisations. For Wunan the investment in the Vibe Adina allows us to further diversify our portfolio and acquire a well performing asset. Our other partnership with IBA, the Indigenous Real Estate Investment Trust, is also doing well; thus we benefit from their expertise and experience in our endeavours to ensure the future for Wunan. The transaction turned out to be extremely complicated, for us at least, and we gratefully acknowledge the support of Allens law firm in helping us complete the investment.   Read More.