Yamatji Nation Charitable Trust

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The Yamatji Nation Charitable Trust was established in 2021 to receive the benefits of a native title agreement with the WA state government.
Covering approximately 48,000 square kilometres of land in the State’s Mid-West region, including Geraldton, the Yamatji Nation Agreement resolved the Western Australian Government’s compensation liability for the impairment and/or extinguishment of native title in the agreement area and included a package of benefits for the Yamatji people, totalling approximately $500 million. The people of the Yamatji Nation is made up of the Yamatji Nation, Southern Yamatji, Hutt River, Mullewa Wadjari and Widi Mob native title claim groups.
On the foundation of the trust, the WA government paid an initial cash contribution of $10 million.
Over the following 15 years, the Yamatji Nation Trust was due to receive $325 million in cash, as well as commercial property, access to housing properties for sale, leasing or development, revenue streams from mining, and from leasing or sale of land in the Oakajee Industrial Estate, funding for business development and funding to develop water resources under the Yamatji Nation’s Strategic Aboriginal Water Reserve for use or trade.

Company Activity

ADDED: Added to Philanthropic Foundations list03 May 2021

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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