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Brooke is a Junior Financial Journalist at the Motley Fool Australia. Brooke s interests in finance and the share market evolved during her time at Charles Sturt University. There, she studied a Bachelor of Communication, majoring in journalism and sub-majoring in international relations. In her spare time, you ll find Brooke gallivanting around South East Queensland, no doubt with her dog in tow.
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May 25, 5:27pm AEST
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Yamatji Nation Charitable Trust has been established
Package of benefits can now flow to the Yamatji people
The McGowan Government and the Yamatji Nation have today announced the establishment of the Yamatji Nation Charitable Trust, a significant milestone in the implementation of the Yamatji Nation Indigenous Land Use Agreement.
Covering approximately 48,000 square kilometres of land in the State’s Mid-West region, the Yamatji Nation Agreement resolves the Western Australian Government’s compensation liability for the impairment and/or extinguishment of native title in the agreement area and includes a package of benefits for the Yamatji people, totalling approximately $500 million.
With the Yamatji Nation Trust in place, the first of these benefits can be transferred – a cash contribution of $10 million.