Improving the sustainability of community stores
The Hon Mal Brough MP Minister for Families, Community Services and Indigenous AffairsMinister Assisting the Prime Minister for Indigenous Affairs
Budget 2006
Strengthening Indigenous Communities
Employment and Workplace Relations
Improving the sustainability of community stores
Source: http://www.atsia.gov.au/budget/budget06/Fact_sheets/factsheet10.aspx
Why is this important?
Community stores have been a matter of concern for government for a number of years. Issues of concern include financial management, governance, food stocking policies, poor infrastructure and the limited range of goods and services.
Community stores can play a vital role in improving the health standards of community members through the provision of quality food at an affordable price. Reducing the dependence of store income on high sugar or salt foods and drinks will also contribute to sustainable health improvements for the local communities.
A commercial management model for participating stores will ensure the ongoing viability and standard of participating community stores.
Indigenous Business Australia (IBA) will establish a subsidiary company, ‘Outback Stores’, which will provide a framework for group discount purchasing and better managerial, supply chain, food handling, nutrition and financial arrangements.
Participating stores will be expected to pay a fee in return for services provided by ‘Outback Stores’.
IBA and the ‘Outback Stores’ company will work closely with industry leaders in the grocery wholesale and retail industry and will draw on their expertise to deliver significant improvements in the services provided by community stores, including an expanded range of goods and services.
Who will benefit?
Individuals and families in outback Indigenous communities will be the primary beneficiaries, particularly in relation to an expanded range of goods and services and access to quality and affordable food.
Communities and individuals will also benefit to the extent that commercially operated community stores will facilitate
What funding is the Government committing to the initiative?
$48.0 million over four years (this includes capital investment in financial assets of $40.0 million).
What have we done in the past?
The Government, through various programmes, has provided substantial funding in the form of grants to community stores, including for building improvements and repairs after storm damage.
IBA has also provided loan facilities to some stores through its Business Development Programme. These loans have been assessed on a commercial basis and have been repaid or are being repaid.
When will the initiative conclude?
This funding will lapse on 30 June 2009.
Budget 2006
Strengthening Indigenous Communities
Employment and Workplace Relations
Improving the sustainability of community stores
Source: http://www.atsia.gov.au/budget/budget06/Fact_sheets/factsheet10.aspx
Why is this important?
Community stores have been a matter of concern for government for a number of years. Issues of concern include financial management, governance, food stocking policies, poor infrastructure and the limited range of goods and services.
Community stores can play a vital role in improving the health standards of community members through the provision of quality food at an affordable price. Reducing the dependence of store income on high sugar or salt foods and drinks will also contribute to sustainable health improvements for the local communities.
A commercial management model for participating stores will ensure the ongoing viability and standard of participating community stores.
Indigenous Business Australia (IBA) will establish a subsidiary company, ‘Outback Stores’, which will provide a framework for group discount purchasing and better managerial, supply chain, food handling, nutrition and financial arrangements.
Participating stores will be expected to pay a fee in return for services provided by ‘Outback Stores’.
IBA and the ‘Outback Stores’ company will work closely with industry leaders in the grocery wholesale and retail industry and will draw on their expertise to deliver significant improvements in the services provided by community stores, including an expanded range of goods and services.
Who will benefit?
Individuals and families in outback Indigenous communities will be the primary beneficiaries, particularly in relation to an expanded range of goods and services and access to quality and affordable food.
Communities and individuals will also benefit to the extent that commercially operated community stores will facilitate
What funding is the Government committing to the initiative?
$48.0 million over four years (this includes capital investment in financial assets of $40.0 million).
What have we done in the past?
The Government, through various programmes, has provided substantial funding in the form of grants to community stores, including for building improvements and repairs after storm damage.
IBA has also provided loan facilities to some stores through its Business Development Programme. These loans have been assessed on a commercial basis and have been repaid or are being repaid.
When will the initiative conclude?
This funding will lapse on 30 June 2009.
posted by Anon at 11:38 AM
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