The Larrakia Development Corporation was officially incorporated under ASIC in February 2002. The Board and management of the Corporation are led by members of the Traditional Owner group of Darwin, the Larrakia people.Today the Corporation is regarded as one of Australia's leading commercial Aboriginal organisations. It provides employment and business opportunities for Larrakia people through its own wealth creation and entrepreneurial activities.The prime objective of the Larrakia Development Corporation is to create economic opportunities for all Larrakia people through the creation and operation of sustainable businesses models, and the maintenance of the Larrakia Development Trust.