Do Balanda businesses get their money from Government?

Lots of Yolngu want to start their own business but they’re waiting for the government to give them money to do this.

Balanda have told Yolngu over and over again that they have to forget their culture and learn the new way (of the Balanda). Yolngu have been waiting to find out what this new way is and many have come to the conclusion that all Balanda businesses get their money from Government. We have talked about this before and will have to talk about it many times again in the future from all different angles until Yolngu believe that their 60,000 year old traditional trade is the SAME way that modern business operates. Unfortunately one of the big problems is that Balanda also don’t know this and keep coming into Yolngu communities and adding to the confusion.

In this podcast we talk through where the government fits in when you start a business. Plus it explores the idea that the Government is dependent on businesses to pay taxes to them, and not the other way around.

It also discusses the role of sole traders, as well as what are companies and public companies. Questions are asked about whether selling drugs is a business, and it looks at the consequences of running an illegal business.

Over the course of the podcast the conversation turns from waiting for the government to give Yolngu money for business, to encouraging Yolngu to start looking at their own estates and see the massive value that exists there in the resource that are available.

The message for Yolngu? Just start up your business, learn slowly, and become good at what you want to do.

 

There are 4 Stories in this podcast. Please see time stamps below:

  • Part 1 – 00:00
  • Part 2 – 10:06
  • Part 3 – 16:03
  • Part 4 – 24:00