First Nations representatives will gather in Darwin on Tuesday to share ideas with the federal government for driving Australia's economic growth and productivity.

The event is the first of four First Nations roundtables hosted by Indigenous Australians Minister Senator Malarndirri McCarthy, with the aim of having Indigenous perspectives inform the broader, national Economic Reform Roundtable in Canberra later this month.

Senator McCarthy said the meetings would include a broad range of First Nations representatives with a diverse range of experiences and their perspectives on enhancing the growing Indigenous economy.

"First Nations businesses and community-controlled sector organisations are leveraging contemporary skills and Traditional Knowledge," she said before the meeting.

Insights from the four roundtables in Darwin, Sydney, Adelaide and Magandjin/Brisbane will inform the Federal Treasurer's Economic Reform Roundtable at Parliament House from August 19-21.

"The meetings will bring a unique perspective to economic development, and harness opportunities across a range of endeavours," the Minister said.

Key discussion points at the roundtables would focus on methods to improve productivity, enhance economic resilience and strengthen budget sustainability.

Senator McCarthy said the First Nations business sector was crucial to shaping Australia's future economic prosperity, with the industry contributing more than $16 billion to the economy, while creating new jobs and an estimated $42.6 billion in social value each year.

"First Nations businesses make a significant contribution to the Australian economy," she said.

"In 2022 they contributed more than $16b to the national economy, employed upwards of 116,000 people and paid $4.2 billion in wages.

"I'm very pleased we have this opportunity to hear their perspectives on ways to improve our nation's economy and productivity."

Representatives at the quartet of First Nations roundtables include Indigenous business leaders, academics, community-controlled sector representatives and peak organisations.

The government hopes the meetings will draw on their expertise and experiences to identify opportunities to boost Australia's productivity, and better ways for the Commonwealth to deliver services in partnership with First Nations organisations.

The Minister said the community-controlled sector was the third largest employer of Aboriginal and Torres Strait Islander people, and played a crucial role in regional economic development.

Following Tuesday's economic roundtable will be meetings in Sydney on August 7, Adelaide on August 14 and Magandjin/Brisbane on August 15.