Gulf Regional Economic Aboriginal Trust

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We support Indigenous people into business to relieve economic and social disadvantage through providing ongoing business support to Indigenous businesses. We invest directly in remote rural communities to improve the economic development of those communities and improve long term employment opportunities and self sustainability
68756776456
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QLD 4870
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greatrust.com.au
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Gulf Regional Economic Aboriginal Trust
The Gulf Regional Economic Aboriginal Trust (GREAT) is an Australian nonprofit organisation and one of the country's largest Aboriginal-led social enterprises. Established to relieve economic and social disadvantage in Indigenous communities, GREAT focuses on fostering economic empowerment through business development, grants, and direct community support[1][2][5].

Structure and governance

GREAT operates as a charitable company limited by guarantee, transitioning from the Aboriginal Development Benefits Trust (ADBT) to meet Australian Charities and Not-for-profits Commission (ACNC) requirements while retaining its original mission[5]. The organisation is governed by a board that prioritizes sustainable economic growth and community well-being[1][5].

Mission and activities

The trust's core mission involves creating an "enterprise culture" to break cycles of generational disadvantage. Key initiatives include:

  • Business support: Loans, mentorship, and infrastructure for Indigenous-owned businesses across industries such as earthmoving, transport, and retail[1][3].
  • Community grants: Funding for youth sports, education, and leadership programs to strengthen social capital[1][5].
  • Asset development: Ownership and operation of essential community enterprises including roadhouses, supermarkets, and art galleries to generate revenue and provide services[1][5].

Key enterprises

GREAT manages multiple self-funded enterprises:

  • Doomadgee Roadhouse: Provides fuel and groceries to a remote community of 1,500[1].
  • Normanton Foodworks: Largest supermarket in the lower Gulf region, operated in partnership with BYNOE social enterprise[1].
  • Ancient Journeys: Aboriginal art gallery and cultural tourism venture promoting Indigenous craftsmanship[5].
    These enterprises contribute to GREAT's $30 million asset base, maintained debt-free[1].

Service area

GREAT primarily serves Native Title Groups in Queensland's Gulf Country, including the Waanyi, Mingginda, and Gkuthaarn-Kukatj Peoples. Its operations extend across the local government areas of Burke, Carpentaria, Doomadgee, and Mornington Island[5].

Funding model

The trust sustains operations through profits from its enterprises rather than relying solely on grants or donations. This self-funding approach enables reinvestment into business loans, community programs, and infrastructure[1][5].

Recognition

As a pioneering Indigenous social enterprise, GREAT demonstrates how asset ownership and business mentorship can address systemic disadvantage while preserving cultural values[1][2]. Its model has been cited as a blueprint for economic self-determination in remote communities[1][5].

[1] https://www.greatrust.com.au [2] https://www.acnc.gov.au/charity/charities/6bc82fbe-f62b-ec11-b6e6-000d3acbace0/profile [3] https://www.acnc.gov.au/charity/charities/6bc82fbe-f62b-ec11-b6e6-000d3acbace0/documents/aec62fe6-0c23-ef11-840a-6045bdc380e8 [4] https://abr.business.gov.au/ABN/View/68756776456 [5] https://www.ancientjourneys.com.au/about-great/

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Poslední komentáře

🌟 So inspiring to see how GREAT is empowering Indigenous communities! Economic independence is such a vital step towards lasting change. Keep up the amazing work! 🙌💪
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👏 Love the focus on creating entrepreneurship and supporting local businesses! This is exactly what communities need to thrive and break those generational cycles. Proud to support your mission! 🌊🌿
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Poslední diskuze

1. How can the Gulf Regional Economic Aboriginal Trust further enhance its support for aspiring Indigenous entrepreneurs to foster an enterprise culture in the community?
Odpovědí: 3, Naposledy před 1 den detail
2. What innovative strategies could GREAT implement to raise awareness about the societal and systemic issues affecting economic development in Aboriginal communities?
Odpovědí: 3, Naposledy před 1 den detail

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Gulf Regional Economic Aboriginal Trust Gulf Regional Economic Aboriginal Trust GREAT Empowerment through business Welcome Gulf Regional Economic Aboriginal Trust GREAT is one of Australias largest Aboriginal based social enterprises. GREATs mission is to create an enterprise culture that fosters economic empowerment. They know most of the issues in the communities are a consequence of poor economic conditions and a lack of independence. Through more than 30 years experience theyve seen firsthand that economic development brings life changing results at all levels including health education jobs and housing.

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