On 11 May 2021, the Australian Government delivered the 2021-22 Budget and announced it is investing an additional $36.7 million in PBCs over the next four years.
This increase recognises the need to further strengthen PBCs to improve their capacity and enable them to realise the benefits of native title for native title holders. The additional support includes:
- $7.1 million to implement the recent legislative reforms in the Native Title Legislation Amendment Act 2021 and related regulations which affect PBCs.
- $21 million for the PBC Capacity Building measure to expand the program to meet increased and expected demand.
- $8.6 million to expand PBC Basic Support funding, with the aim of funding up to 75 per cent of all PBCs by 2025-26.