SME Business
Accounting
We help you by streamlining financials, managing your accounts and submitting tax returns.
A spotlight on Aboriginal Land Councils
Dealing with local Aboriginal Land Councils (LALCs) not only requires a specific set of skills and knowledge, but a culturally relevant disposition too.
We shine a spotlight on Aboriginal Land Councils and why choosing the right partner is essential.
What is an LALC?
The NSW Government website defines an LALC as being at the heart of the organisational structure of the land rights network.
There are currently 120 LALCs in New South Wales, each established over a designated area. The parameters of these LALCs may differ from traditional borders and regional boundaries.
LALCs are required to operate the same way as any other business. The only difference is that they attribute their existence to the Aboriginal Land Rights Act, therefore have obligations defined by its legislation.
Understanding LALC legislation
As Unity Accounting Accountant Karyn Bridge has previously explained, the layer of governmental and legal regulation is what makes LALCs unique.
The value lies in a deep level of understanding of the act.
There are complexities involved in LALC accounting, and we look at these holistically in an accounting AND business operations context. At Unity Accounting, we also help unpack some financial jargon into plain English to empower our LALC clients with legislative knowledge.
One distinct difference with LALCs is the council risk assessment reports (RAS), funding category and rating. These reports must be submitted for all LALCs and require many back-office tasks, including payroll and BAS reporting. Each LALC has its own unique processes, so it’s important to know what these are or work with accounting partners who do.
Updates from the NSW Local Aboriginal Land Council Network
In the latest report from the NSWALC, there have been more than 1000 new land claim lodgements over the 2021-2022 reporting period, with 684 determinations declared.
The report highlights the creation and maintenance of the property development register of all LALC-owned land and land claim grants as well as the improvement to the heritage site identification through the Aboriginal Heritage Information Management System (AHIMS).
A Business Development Grant application totalling more than $162,000 has also been approved through the LALC Business Enterprise Program and funding has been provided to the tune of $227,000 for 11 events via the Statewide Grants Program.
You need an Aboriginal Land Council accounting specialist
Considering the level of detail required for any LALC accounting function, we recommend that you contact us and speak to one of our team of expert Aboriginal Land Council accountants today, so we can help you the way we have helped our other LALC clients.
OUR EXPERTISE
EXPERTS IN BOOKKEEPING AND ACCOUNTING
We are backed by years of experience in compliance and audit preparations, taxation and accounting, and bookkeeping and business operations.
Our deep understanding of complex tax requirements for SMEs and compliance for not-for-profit organisations and Aboriginal Land Councils means we can sort out any numbers problem and streamline your business operations.
SME Business
Not-for-Profit
Accounting
We know what reports you need and how to keep you compliant, so that your organisation can flourish.
Aboriginal Land
Council Accounting
We manage all your community grant receipts in reporting to funding bodies, and we file your milestones correctly.
Liability limited by a scheme approved under Professional Standards Legislation.
© Copyright Unity Accounting 2025. All rights reserved. Website by Brilliant Digital.