ORIC release the top 500 report 2011-12

Governance Watch

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The Registrar of Indigenous Corporations, Anthony Beven, released his fifth report on the top 500 Aboriginal and Torres Strait Islander corporations on 16 September 2013.

The report covers the 2011–12 financial year and looks at the overall income, geographic distribution and sectoral information of the 500 highest earning corporations registered under the CATSI Act.

The report found that:

Women continue to play a dominant role in the governance of corporations. The representation of women on the board of directors stood at 54.9 per cent, an increase of 2.1 per cent since 2007–08.
The gender composition on boards varies depending on a corporation’s income, geographic location and sector in which the corporation operates.
The combined income of the top 500 Aboriginal and Torres Strait Islander corporations for 2011–12 was almost $1.61 billion (compared to $1.43 billion in 2010–11), an increase of 12.6 per cent—exceeding nominal GDP growth of only 4.9 per cent in 2011–12.

The full Top 500 report is available here on the ORIC website

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