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CASE STUDY: BACK ON THEIR FEET

BAMAGA ENTERPRISES LTD

Photo of a smiling woman with people in the background.
IBA’s COVID Business Relief Package assisted in covering fixed costs such as electricity to enable the re-opening of the Tavern and the restaurant at the Lodge, as well as re-engaging some staff previously stood down.
COVID-19 has dealt a great blow to the hospitality industry including to the remote
community of Bamaga at the tip of Cape York Peninsula.

Community owned Bamaga Enterprises Ltd (BEL) operates the Bamaga Tavern and Cape
York Peninsula Lodge. Business was greatly impacted by the lockdown and closure of their facilities including being forced to stand down several staff.

During this period, BEL has benefited from a $100,000 grant/loan as part of IBA’s COVID
Business Relief Package. The funding has assisted in covering fixed costs such as electricity to enable the re-opening of the Tavern and the restaurant at the Lodge, as well as re-engaging some staff previously stood down.

“Since the end of lockdown, visitors and tourists have begun to visit Bamaga again, assisted by the reintroduction of regular flights. Customers
can be assured that the entire enterprise has a COVID Safe Industry Plan in place.

BEL’s Chairperson, Robert Poi Poi is relieved to have had most of their operations back on board by late July. ‘We would like to thank our
staff and community for their patience during this challenging time. We’d also like to thank industry and government bodies such as the IBA for their support.’

BEL are investors in IBA’s Indigenous Prosperity Fund and Indigenous Real Estate Investment Trust as part of their long-term investment strategy and were referred to the Business Relief Package by the IBA Investments division.”