We are excited to publish our new four year Corporate Plan that details our vision, mission and key strategic initiatives to be a key innovative financing partner in the growth of Northern Australia.
In line with our work to support the region’s economic recovery, the plan shows how we measure our achievements and sets targets for the coming year.
NAIF has approved $2.2 billion of loans to projects across northern Australia. Working with State and Territory governments, over $900 million of deals have closed, with those funds available to be drawn as required by proponents.
NAIF’s mandate was recently extended by the Minister for the Resources, Water and Northern Australia until 2026. The extension will allow NAIF to deliver more investment into the region and play a critical role in the Commonwealth Government’s broader agenda on economic development in the north.
As a corporate Commonwealth Entity under the Public Governance, Performance and Accountability Act 2013 (PGPA Act), our Corporate Plan is required under the PGPA Act.
You can read the plan here: Corporate Planopens PDF file