The Indigenous Land and Sea Corporation strategically invests in the agribusiness sector to maximise opportunities and benefits for Indigenous Australians, with a focus of laying the foundations for a thriving and sustainable Indigenous agribusiness sector.
The ILSC’s agribusiness portfolio consists of agribusinesses operated on Indigenous-held land either currently held by the ILSC or leased from Indigenous land owners where Aboriginal and Torres Strait Islander corporations have sought the ILSC’s assistance with enterprise development, reflecting the priorities set out in the National Indigenous Land Strategy 2018-22.
Traditionally the ILSC has had a focus on owning and operating agricultural businesses in rural and remote areas to support Indigenous landholders to bring their land back into production; increase economic opportunities (particularly training and employment); and to develop capability of Indigenous land owners, including assisting in the divestment process where the property is held by the ILSC.
The ILSC has begun to shift this focus to create a balance from operating agribusinesses itself to being an equity partner (or otherwise facilitating commercial arrangements e.g. joint ventures between Indigenous groups, proven operators, investors and business partners).
This will diversify ILSC’s investment in agribusiness both within the sector to manage business and market risks, and geographically to open up new opportunities.
Australian Indigenous Agribusiness Company Pty Ltd operates primarily as an employment vehicle for ILSC-operated agribusinesses.
The ILSC is committed to sound land and environmental management practices through valuing human, animal and environmental health. The ILSC prioritises animal welfare on ILSC-operated agricultural properties and by supporting initiatives on other Indigenous-held land that involve good animal welfare practices along the entire production and supply chain.
The ILSC continually monitors and revises its animal welfare policy and practices through
- recruitment, induction and regular training of experienced Property Managers
- engagement with key industry bodies such as Meat and Livestock Australia, the Rural Industries and Development Corporation, Australian Animal Health Council and relevant state and local authorities, and
- internal assurance activities such as property inspections, audits and continual accreditation and certification.
The Agribusiness Investment Program supports the development and growth of Indigenous agribusinesses to create a thriving and sustainable Indigenous agribusiness sector.
Learn more about ILSC’s agribusiness enterprises across Australia.
The ILSC’s agribusinesses operate in a diverse range of ecosystems and works to manage its environmental impact.