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Aboriginal Investment NT hires investment firm to manage $655m fund amid ongoing concerns

Aboriginal Investment NT hires investment firm to manage $655m fund amid ongoing concerns

Aboriginal Investment NT has appointed asset consultancy company JANA to manage its two royalty-fed investment funds worth a combined $655 million, with the organisation having previously announced the majority of the initial $180 million it received was to be rolled into one of those investment funds, rather than distributed to small Indigenous business owners.

‘I have made my own assumption’: Boothby says nothing ‘untoward’ at Waterfront; rules out public inquiry

‘I have made my own assumption’: Boothby says nothing ‘untoward’ at Waterfront; rules out public inquiry

Tourism Minister and Attorney-General Marie-Clare Boothby has rejected calls for a public inquiry into the possible misuse of public resources at the Darwin Waterfront Corporation involving the Chief Minister’s husband and other senior public servants, stating she “is the Minister” and has received a secret internal “briefing” that exonerated everyone of any wrongdoing. However, the briefing was completed before revelations the Chief Minister’s husband benefitted from questionable hiring practices.

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