Indigenous people earn money through diverse avenues like traditional employment (healthcare, public admin, retail), owning businesses (art, tourism, tech, services), cultural services, government payments, resource royalties (mining, land leases), and increasingly, digital and social enterprises, aiming for economic self-determination and community benefit. Their income streams mirror broader economies but often integrate cultural values and community empowerment, creating unique opportunities in sectors like eco-tourism, traditional crafts, and knowledge sharing, alongside mainstream jobs.
This visualisation shows the median weekly equivalised household income for First Nations households in 2021 Australian dollars by state/territory for 2016 and 2021. For First Nations households, Australia: $830 in 2021 and $701 in 2016.
Indigenous individuals and corporations are, in general, subject to the same tax rules as all other individuals or entities in Australia. The most important tax is income tax.
Aboriginal people buying their own home can access government incentives for home buyers that reduce the time it takes to save enough to enter the housing market or that remove some of the costs that can be a barrier to becoming home owners.
The Stolen Generations Reparations Scheme provided ex-gratia payments to Stolen Generations survivors. The reparations aimed to acknowledge historical injustices faced by Stolen Generations survivors. The amount provided to each recipient was $75,000.
Through the Indigenous Home Ownership Program (IHOP), IBA offers concessional home loans to First Nations people who cannot access mainstream lending. IHOP loans have: low introductory interest rates. low deposit requirements.
Aboriginal communities in NSW can claim land through Aboriginal Land Councils. The NSW Aboriginal Land Council (NSWALC), with assistance from the Office of the Registrar, has developed a helpful guide to the land claim process.
A tenant or tenants of Department of Housing and Aboriginal Housing can receive a full Stamp Duty Exemption from NSW Revenue, regardless of the properties purchase price, in accordance with Section 278 of the Duties Act 1997 (“Exemption under 278”).
If your balance is less than $4000, your balance may be topped up to $4,000 if it hasn't been topped up in the last 2 years. You'll also get a one-off boost to your Work Bonus balance of $4,000 if you meet all the following: you were over Age Pension age and getting a Work Bonus eligible payment before 1 December 2022.
After three years of infringement notices to sporting organisations and non-for-profit groups who used the aboriginal flag in designs, the Federal Government have paid $20.5 million dollars for the copyright.
The WA Stolen Generations Redress Scheme is available to Aboriginal people who were removed from their families as children in Western Australia before 1 July 1972. Eligible applicants will receive a payment of $85,000, and, if they wish, a personal acknowledgement.
From 5 January 2026, families can now get 100 hours of subsidised care per fortnight for each Aboriginal and/or Torres Strait Islander children in their care, regardless of their level of recognised participation. The government pays child care services, who pass the subsidy on to you as cheaper fees.
The Australian courts have developed a 3-point legal test to determine whether an individual person is an Aboriginal and Torres Strait Islander person, which is the: person is of Aboriginal and Torres Strait Islander descent. person identifies themselves as an Aboriginal and Torres Strait Islander person.
To be an exempt permanent resident, you must: live in the property you are acquiring, continuously for at least 200 days within 12 months from the date of the agreement or contract. live there as your principal place of residence, and. buy as an individual, not as a company or trust.
“Australian town of Quilpie giving away free land with $12.5k grant” — South West Queensland Regional Organisation of Councils.
About half of NSW is under native title claims, made by application to the Federal Court. Once filed, applications must be registered with the National Native Title Tribunal (NNTT). A full list of registered native title claimant applications in NSW is available from the NNTT register of claims .
Using this free income calculator, the approximate income you need to buy a $500,000 home, assuming you need a $400,000 loan, is $77,000 gross per year, excluding superannuation.
Use conservative estimates and follow the 28/36 rule (no more than 28% of income on housing and 36% on total debt) to avoid overcommitting. Use that as a reference point when learning how to calculate repayments on a mortgage in a way that aligns with your personal finances.
At today's average rate of 6.13% for a 30-year fixed loan, the principal and interest payment on a $500,000 mortgage comes to $3,039.67 per month. That's the baseline cost before property taxes, insurance or other housing expenses are added.