Media Centre

The Albanese Government will provide up to $840 million (US$550 million) to help deliver Australia’s first combined rare earths mine and refinery in the Northern Territory, creating local jobs and securing Australia’s position as a renewable energy superpower.

Welcome to the latest edition of NAIF Impact where you'll find all our latest news. In this month's newsletter read about the launch of the updated NAIF Indigenous Engagement Strategy Toolkit and Guideline, changes to NAIF's investment mandate, and a recap of our fantastic stakeholder breakfast in Perth.

Minister for Northern Australia and Minister for Resources Madeleine King has released a new toolkit and guideline to support businesses applying for Northern Australian Infrastructure Facility (NAIF) funding to maximise Indigenous participation, procurement, and employment.

The Government is updating the NAIF's investment mandate to better align national priorities to projects that deliver economic, social and community outcomes for northern communities.

The NAIF’s Q2 2023-24 snapshot showcases $25m investment in the Mater Private Hospital maternity and renal unit projects, pushing committed loans up to $4b. Public Benefit stands at $30.5b, with 15,300+ jobs created. Detailed data on sectors, locations, and indigenous engagement included.

Looking ahead to 2024, the future is promising. Our pipeline remains robust and diversified, representing a wide array of sectors, including critical minerals, agriculture, transport, and housing.

Welcome to the latest edition of NAIF Impact where you'll find all our latest news including project milestones and Investment Decisions.

Alliance Airlines’ new $60 million aviation maintenance, repair and overhaul (MRO) facility has officially opened.

The Australian Government’s Northern Australia Infrastructure Facility (NAIF) will provide $25 million to improve health facilities at Mater Private Hospital in Townsville.