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The Indigenous Land Corporation (ILC) assists Indigenous Australians to acquire land and manage Indigenous-held land sustainably, to provide cultural, social, economic or environmental benefits for themselves and future generations.

The ILC, along with the Indigenous Land Fund, was established in recognition of the fact that most Indigenous people will not benefit from the High Court's Mabo (No. 2) decision and the Native Title Act 1993 as they were dispossessed of their land and cannot therefore demonstrate the continuous association necessary to prove native title.

The purpose of the Indigenous Land Corporation is to redress the dispossession of Aboriginal peoples and Torres Strait Islanders by assisting them to acquire, own and manage their land in a way that enhances their social, cultural, economic and environmental well-being.
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