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Billionaire's fund allows rich return to Indigenous landholders

Andrew Clark
Andrew ClarkSenior writer

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As the COVID-19 catastrophe has unfolded, a significant broadening of the landholdings of Indigenous Australians has taken place, with about 88,000 hectares of beautiful, rich Murrumbidgee floodplain country in south-western NSW handed back to its traditional custodians, the Nari-Nari people.

No figure for the value of the land has been given by Nature Conservancy, which facilitated the complex sale and handover process with the NSW government. However, an earlier federal estimate put it at $44 million.

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Andrew Clark is a former editor of The Sun-Herald and Australian Business. He was a correspondent in Europe and North America, a political correspondent in Canberra and has been a journalist for more than 55 years. Email Andrew at aclark@afr.com.au

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    Original URL: https://www.afr.com/politics/federal/billionaire-s-fund-allows-rich-return-to-indigenous-landholders-20200323-p54d6s