REDEFINING WEALTH

THE TRUE VALUE OF FIRST NATIONS’ COMMUNITY BASED ENTERPRISES

 

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We identified Community Based Enterprise as the best model to show the many layers of governance and accountability that communities use to run their businesses, and the outcomes that First Nations’ people are achieving.

 
 

WHAT IS A COMMUNITY-BASED ENTERPRISE?

Community-Based Enterprises (CBEs) are founded by community and are run to meet the needs of First Nations’ people and families in the community.

They may or may not turn a profit. But they create real benefits like guiding the next generations or keeping culture strong.

Most CBEs work within both formal and informal governance systems: formal structures meet legal and funding requirements, while informal, or traditional governance, follows our cultural ways of leading, making decisions, and solving problems. Together, these systems keep the enterprise strong and connected to community.

 
 

WHY MEASURING WEALTH DIFFERENTLY IS KEY TO FIRST NATIONS’ PROGRESS

CBEs aren’t just businesses, they’re engines of transformation.

They keep wealth in local hands, create opportunities where they’re needed most, and protect cultural knowledge for future generations. Yet too often, their impact is underestimated and under supported.

This report brings stories and solutions to the forefront, offering clear evidence and actionable steps to ensure First Nations CBEs thrive.

 
 

THIS REPORT IS YOUR ROADMAP

Whether you’re a policymaker or community advocate, this report is your roadmap to understanding and supporting community-based enterprises.

 
 
 

In our 25 years of operation, we have observed hundreds of savvy First Nations’ enterprises across Australia solving complex challenges in their communities.

This report was developed in collaboration with partner communities and sector experts, drawing on years of on-the-ground experience and research.

WE CAN DO BETTER BY THINKING DIFFERENTLY

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