Minister for Indigenous Australians, the Hon Ken Wyatt AM MP, has today announced a public consultation to help inform the Morrison Government’s Indigenous Tourism Fund, as part of Indigenous Business month.
The $40 million fund aims to encourage the development of new and expanding Indigenous owned and operated tourism enterprises.
Minister Wyatt said the tourism sector is one of the largest sectors and employers in the Australian economy and provides an important source of employment, particularly in regional and remote Australia.
The Morrison Government is committed to extensive consultation with Indigenous stakeholders on the delivery of the fund with a focus on tourism both start-up’s or expansion for existing businesses.
“The tourism sector is growing faster than the rest of the economy and we want to ensure the Indigenous tourism sector can capture its share of the market, including the economic and employment benefits it provides,” Minister Wyatt said.
“We want the fund to provide value, focus on the gaps and barriers to success and increase opportunities for businesses in the sector, with a need for support in areas such as business planning, back-office support and mentoring.”
Targeted consultations have already been completed with a number of Indigenous tourism bodies, peak tourism groups, and state and territory governments, to inform the public discussion paper released today.
“We want to find out what is important to the community and reflect that feedback in the final design of the fund, with a view to launching next year,” Minister Wyatt said.
“With an increase of over 40 per cent of international tourists participating in Indigenous experiences over the last five years, Indigenous tourism operators now have even more reasons to be confident about their future with the establishment of the ITF.”
For more information and to provide feedback on the Indigenous Tourism Fund, visit: https://niaa.gov.au/itf