The Gumala Newsletter for December 2018 is now available on Gumala Aboriginal Corporation’s website. You will find the Gumala Trust updates highlighted on page 11. click here
Gumala Enterprises Pty Ltd (GEPL) has a vacancy for a Yinhawangka Director. Only candidates who are able to identify as being Yinhawangka may apply. Expressions of Interest must be received by close of business on Sunday 6 January 2019 at 5pm. To be considered, please e-mail your Resume and a statement addressing the Key Competencies to firstname.lastname@example.org
The General Gumala Foundation Trust wishes to report to Beneficiaries that as at 30 September 2018 it had total assets under investment of $108.3M, up from $106.8M at 30 June 2018. $2.7M of cash from interest and dividend revenues has been invested into market investments for the quarter as part of the ongoing strategy of minimising low-earning cash holdings.
Total Revenue for the September 2018 quarter was $5.4M with $4.3M being retained for the benefit of Members and Beneficiaries through available Member Program Funding and investments into the Future Fund. Member Program Funding accruals stand at $13.1M at 30 September, providing assurance of funding of member programs for the remainder of the current 2018/19 financial year.