Aboriginal Investments NT began advertising for a new chief executive a week after its five-year strategic investment plan was released, which rolled the majority of $180 million in Aboriginal Benefits Accounts money to be given out as small business and community initiative grants over three years, into a new fund which appears largely focused on investment opportunities.

Twelve days ago Aboriginal Investment NT – which also rebranded itself as Northern Territory Aboriginal Investment Corporation – said it had launched a five-year financial plan which would see $500 million put into a future fund, and $155 million put into what was called a ‘community ready fund‘.

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