Performance Reporting

Part two

Output Group 1.3

Registration, regulation and capacity building of Indigenous corporations

Output Group 1.3 contributes to Outcome 1 by supporting and regulating the corporations that are registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act).

Under Output Group 1.3, the Office of the Registrar of Indigenous Corporations supports the delivery of registration, regulation and related services for Indigenous people in accordance with the Act.

The Registrar works to increase the number of corporations registered under the Act by making it a more conducive registration vehicle for Indigenous corporations and peoples, and achieving a greater regulatory impact through an increased examination program. The examination program checks that larger corporations (particularly those that receive large investment through government sources) have sound governance and operational practices in place. It also resolves issues at problematic corporations, increases compliance with the CATSI Act and contributes to improved corporate governance standards and practices.

Partnerships with state and territory governments and key stakeholders, combined with more training programs, will provide increased access to corporate governance support and provide stronger service delivery.


Percentage of corporations that are fully transitioned to the CATSI Act
Estimate	95%	The variance is +4.6%. The Registrar used his powers under the Act to transition corporations.
Actual	99.6%
Percentage increase in number of corporations registered under the CATSI Act
Estimate	15% (from 2,500 to 2,875)	The variance is –10%. The percentage increase did not reach the estimate because the number of new applications for registration received was less than that estimated. The number of new corporations registered (125 corporations) exceeded last year's total (84 new corporations) by 48%.
Actual	5% (from 2,605 to 2,723)
Percentage of corporations compliant with reporting requirements under the CATSI Act
Estimate	90%	The variance is –18%. The 90% target rate was not achieved because not all required corporations file annual reports in accordance with the requirements and deadlines set out in the Act. The 72% compliance rate was the highest ever achieved by registered corporations and exceeded last year's compliance rate by 13%.
Actual	72%
Number of formal examinations conducted with follow-up action aimed at improving corporate governance practice and compliance with the CATSI Act
Estimate	80	The variance is +2. The Office of the Registrar of Indigenous Corporations delivered 2 additional examinations within its budget.
Actual	82
Percentage of litigation to which the Registrar is a party concluded with outcomes considered favourable to the Registrar. This includes proceedings discontinued with the agreement of the Registrar as well as successful applications made by the Registrar and orders made in favour of the Registrar
Estimate	75%	The variance is +25%. A minimum standard of favourable litigation outcomes has been set for the Registrar with an expectation that this should be achieved. A positive variance reflects that this has been met and exceeded. 6 hearings were concluded (4 of which were wind-up applications) and all favourable to the Registrar.
Actual	100%
Percentage of non-complex corporation registration and support activities actioned within seven days
Estimate	90%	The variance is +5%. The result reflects new streamlined processing practices introduced to process registration and support activities.
Actual	95%
Percentage of complex corporation registration and support activities actioned within 30 days
Estimate	90%	The variance is +2%. The result reflects new practices introduced to handle complex registration and support activities.
Actual	92%
Number of external training days delivered by the Registrar's office
Estimate	200	The variance is +7.5. Training was delivered through the (non-accredited) introduction to corporate governance workshop and the Certificate IV in Business (Governance), the nationally recognised training package. These were delivered in key areas including Central Australia, Cairns, Torres Strait and the Pilbara. Training was delivered to individual corporations to provide information on the Act and to assist them to transition to the new requirements. Other training included incorporation assistance, corporate governance, post administration, and rule book design and redesign.
Actual	207.5
Number of external training days delivered by state government partners and external providers
Estimate	150	The variance is +1. In 2008–09 the Office of the Registrar of Indigenous Corporations partnered with the Victorian, Western Australian, South Australian and Northern Territory governments to deliver on partner training days. Training was delivered through the nationally accredited Diploma of Business (Governance) and the Certificate IV in Business (Governance) and non-accredited training through the introduction to corporate governance workshop, the Building Strong Corporations program and a new program developed specifically for stores, Building Strong Stores.
Actual	151
Percentage of client satisfaction with support and governance training
Estimate	90%	The variance is +3.1%. This result reflects the high calibre of materials and presenters.
Actual	93.1%

[ top ]

Table 2.3 Number of examinations initiated, administrations appointed and deregistrations completed, 2004–05 to 2008–09
Regulatory actions	2004–05	2005–06	2006–07	2007–08	2008–09
Examinations initiated	61	49	50	60	82
New administrations appointed	7	14	7	3	8
Deregistrations completed	269	180	87	32	4
Reinstatements	0	12	2	0	2

Figure 2.2 Registered and new corporations by year, 1990–91 to 2008–09

Note: The number of registered corporations is the total number of corporations registered less the total number deregistered.
* 542 corporations registered at 30 June 2009 have been identified for deregistration action during 2009–10.

Figure 2.3 Number of corporations by income and assets reported at 30 June 2009

Table 2.4 Number of corporations by income and assets reported at 30 June 2009
	Less than 25k assets	25–50k assets	50–100k assets	100–500k assets	More than 500k assets	Total
Less than 100k income	547	25	27	40	44	683
100–500k income	10	8	24	91	51	184
More than 500k income	4	0	1	54	241	300
Total	561	33	52	185	336	1,167

Return to top

Contents

Performance Reporting

Part two

Output Group 1.3

Registration, regulation and capacity building of Indigenous corporations