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MG Corporation’s road to financial independence
MG Corporation's road to financial independence
Systems and Plans
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MG Corporation’s former CEO Franklin Gaffney talks about the organisation’s road to financial independence from government.
“At the moment we only rely on less than 10 per cent of government funding to continue going. So that is the key – to become self-sufficient because under the funding agreement, we only get funding for 10 years from the government. So my job, and the staff’s job, as well as getting guidance from the board, and the Dawang Council is to ensure we do have money post 10 years.”
– Franklin Gaffney, MG Corporation former CEO, 2012, Indigenous Governance Awards