Corporate Reports

NAIF came into effect on 1 July 2016 as a corporate Commonwealth entity under the Northern Australia Infrastructure Facility Act 2016 (NAIF Act), which was passed with bipartisan support. Other Commonwealth legislation including the Public Governance, Performance and Accountability Act 2013 (PGPA Act) also governs NAIF’s operations.

Budget

The NAIF Budget Statements for the period 2021-22 are published in the Portfolio Budget Statements 2021-22 under the Industry, Innovation and Science Portfolio.

Corporate Plan

Our operations are governed by Commonwealth legislation and overseen by an independent commercial Board. The NAIF came into effect on 1 July 2016 as a corporate Commonwealth entity under the Northern Australia Infrastructure Facility Act 2016 (NAIF Act).

View the NAIF Corporate Plan 2023-24 which outlines our key business strategies 

View previous Corporate Plans using the links below.

Gift Register

In accordance with the NAIF Gift and Benefits Policy, we publish a Gifts and Benefits Report on the NAIF website on a quarterly basis. The Gifts and Benefits Report lists all gifts and benefits received by NAIF in the reporting period over $AUD100.00 (exclusive of GST).

Gifts and benefits include hospitality (such as meals and beverages), entertainment (such as invitations to sporting events, cinema, theatre and the like), travel, accommodation and discounts (including free or discounted airline lounge membership). This includes any gifts or benefits to the immediate family of a staff member as a consequence of that staff member’s employment or duties at NAIF.

Publication of the Gifts and Benefits Report is consistent with the guidance published by the Australian Public Service Commission. Quarterly reports are published to cover the January, April, July and October quarters.

Executive Remuneration Report

We are committed to providing transparency in our remuneration for executives and other highly paid staff. To this end, the NAIF (together with other Australian Public Service entities) has decided to disclose the remuneration of our executives and other highly paid staff, starting from the 2016-17 reporting period.

For the purposes of the reporting executives are defined as:

• Chief Executive Officers and equivalents
• Employees of an entity or company who:
• make, or participate in making, decisions that affect the whole, or a substantial part, of the operations of the entity or company; or
• have the capacity to affect the entity’s or company’s financial standing or performance in achieving its purposes (as defined by section 8 of the PGPA 2013); or
• perform functions controlling operational activities, which directly impact the economic function and viability of the entity or company; and
• have employment conditions equivalent to Senior Executive Service employment conditions of service.

Executive Remuneration Reporting:

From 2018-19 reports on Executive Remuneration are contained in the Annual Report.

Senate Order on Government Agency Contracts

On 20 June 2001, the Senate agreed to an order (the Murray Motion) requiring each Minister to table a letter of advice for each reporting period, that each relevant agency administered by that Minister, has placed on the internet a list of contracts of $100,000 (GST inclusive) or more which are current or entered into during the previous twelve months (and certain other details). The Order was subsequently broadened to include corporate Commonwealth entities (which includes NAIF) from 1 July 2017. Based on the information available because of reasonable enquiries undertaken by officers in the NAIF, the listed contracts do not contain any inappropriate confidentiality provisions.