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We’re pleased to unveil the new Custodian Services website.

Custodian Services, provided by Pascoe Partners are WA’s leading Native Title Trust management specialists.

Our website provides the latest information on Native Title Trust issues and developments.

Draft legislation has been released by the Australian government in an effort to provide clarity on the tax treatment of native title benefits.

Native title is described by the Australian Federal Court as the right of Aboriginal and Torres Strait Islander peoples to land and waters according to their traditional laws and customs. The Australian legal system first recognized native title in the Mabo decision made by the High Court in 1992. Native title cannot be bought or sold. It may include possession, occupation, use and enjoyment of traditional country, the right to access an area of land or the right to participate in decisions concerning how the land or waters are used by other people.

For full details – Read the article here.

BHP Billiton Iron Ore has signed a multi-million-dollar native title deal in the Pilbara, clearing the way for a massive expansion of its operations and giving surety of land tenure for the life of its mines.

The agreement with the Nyiyaparli people will allow a rapid upgrade of BHP’s output from about 120 million tonnes of iron ore a year to an anticipated 350 million tonnes by 2020.

It is believed to be the same scope and breadth as last year’s unprecedented Rio Tinto deal, under which traditional owners from four claim groups – including the Nyiyaparli people – will reap about $2 billion over 40 years in exchange for up to 40 new iron ore mines over 70,000sqkm of their land.

For further details – visit the article at The West.