Laura McBride, First Nations Director, and Curator for the Australian Museum stated that, "until historic inequities are addressed, the gap between Indigenous peoples and non-indigenous Australians will only continue to widen". Consequently, the inability of indigenous Australians to fully participate in decision-making and have unencumbered access to the economic and cultural wealth they hold, disproportionately exposes them to complex disadvantage. Critically discuss this viewpoint by answering the following questions: a) Assess and explain the current status of participation of indigenous Australians in the economy. To what extent has the Commonwealth (federal) government supported job creation, and encouraged the translation of First Nations people's knowledges, assets, interests and rights into tangible, economic benefits for their communities? b) The Commonwealth (federal) government has traditionally focused on creating training and employment pathways for First Nations people, to better enable their participation in the mainstream economy. What would the implications be on "closing the gap" if economic initiatives are jointly designed with First Nations people thereby fostering their economic self-determination to generate wealth from their own assets in ways that they deem fit? c) What are the implications of your findings for the economic wellbeing and hence "closing the gap" in the standard of living between indigenous and non- indigenous Australians? (NOTE: refer to Outcomes Seven and Eight of the Commonwealth Closing the Gap Implementation Plan 2023).
Laura McBride, First Nations Director, and Curator for the Australian Museum stated that, "until historic inequities are addressed, the gap between Indigenous peoples and non-indigenous Australians will only continue to widen". Consequently, the inability of indigenous Australians to fully participate in decision-making and have unencumbered access to the economic and cultural wealth they hold, disproportionately exposes them to complex disadvantage. Critically discuss this viewpoint by answering the following questions: a) Assess and explain the current status of participation of indigenous Australians in the economy. To what extent has the Commonwealth (federal) government supported job creation, and encouraged the translation of First Nations people's knowledges, assets, interests and rights into tangible, economic benefits for their communities? b) The Commonwealth (federal) government has traditionally focused on creating training and employment pathways for First Nations people, to better enable their participation in the mainstream economy. What would the implications be on "closing the gap" if economic initiatives are jointly designed with First Nations people thereby fostering their economic self-determination to generate wealth from their own assets in ways that they deem fit? c) What are the implications of your findings for the economic wellbeing and hence "closing the gap" in the standard of living between indigenous and non- indigenous Australians? (NOTE: refer to Outcomes Seven and Eight of the Commonwealth Closing the Gap Implementation Plan 2023).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:Laura McBride, First Nations Director, and Curator for the Australian Museum stated that, "until historic
inequities are addressed, the gap between Indigenous peoples and non-indigenous Australians will only continue to widen".
Consequently, the inability of indigenous Australians to fully participate in decision-making and have
unencumbered access to the economic and cultural wealth they hold, disproportionately exposes them to
complex disadvantage. Critically discuss this viewpoint by answering the following questions:
a) Assess and explain the current status of participation of indigenous Australians in the economy. To
what extent has the Commonwealth (federal) government supported job creation, and encouraged the
translation of First Nations people's knowledges, assets, interests and rights into tangible, economic
benefits for their communities?
b) The Commonwealth (federal) government has traditionally focused on creating training and
employment pathways for First Nations people, to better enable their participation in the mainstream
economy. What would the implications be on "closing the gap" if economic initiatives are jointly
designed with First Nations people thereby fostering their economic self-determination to generate
wealth from their own assets in ways that they deem fit?
c) What are the implications of your findings for the economic wellbeing and hence "closing the gap" in
the standard of living between indigenous and non- indigenous Australians? (NOTE: refer to
Outcomes Seven and Eight of the Commonwealth Closing the Gap Implementation Plan 2023).
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