Go Big or Go Home (Loan): The new Large Transactions unit buys Tuesday

Scale matters. So does spectacle. Indigenous Business Australia (IBA) unveils a function for really big deals—like, “needs its own lanyard” big.

Critics say Australia thinks small. Not anymore. IBA’s new Large Transactions and Projects function will marshal capital like a cattle dog at muster.

If your proposal isn’t visible from space, come back when it is.

The unit promises to advance commercial interests for Aboriginal and Torres Strait Islander peoples by unlocking finance and project facilitation “at scale”.

Early pilots include buying an entire feasibility study and naming it “Feasibility Island”.

“If it doesn’t have a ribbon‑cutting risk assessment, it’s not large enough.” — Anonymous procurement officer.

IBA will “commence a new function responsible for large transactions and projects” to increase access to finance and major project facilitation for First Nations communities.