Historic agreement for 99 year lease in NT
Source: Australia. Minister for Families, Community Services and Indigenous Affairs. Media Release
"The signing today of an agreement to lease the Tiwi Islands township of Nguiu will pave the way for a new era of opportunity for the local community," Minister for Families, Community services and Indigenous Affairs, Mal Brough, said. Mr Bough welcomed the signing, which follows an in-principle agreement in May, and takes effect as of today. This is the first 99 year lease agreement and I'm sure it will pave the way for similar agreements across the Northern Territory where communities want to take control of their own future."