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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.

Annual Report

NAIF’s latest Annual Report was tabled in Parliament on Wednesday 26 October 2022 and can be accessed opens in a new windowhere.opens PDF file

The report covers NAIF’s operation and outlines the progress and contribution NAIF has made during the reporting period.

Previous Annual Reports can be accessed from the link below.

NAIF Annual Report 2020-21.opens PDF file

NAIF Annual Report 2019-20.opens PDF file

NAIF Annual Report 2018-19opens PDF file

NAIF Annual Report 2017-18opens PDF file

NAIF Annual Report 2016-17opens PDF file

Budget

The NAIF Budget Statements for the period 2022-23 are published in the Portfolio Budget Statements 2022-23 under the Infrastructure, Transport, Regional Development, Communications and the Arts Portfolio.

View the NAIF Budget Statements for previous years.

Corporate Plan

The NAIF’s 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 Planopens PDF file 2022-26 outlining our key business strategies.

Previous Corporate Plans can be accessed from the links below.

Corporate Plan 2021-22opens PDF file

Corporate Plan 2020-21opens PDF file

opens in a new windowCorporate Plan 2019-20opens PDF file

Corporate Plan 2018-19opens PDF file

Corporate Plan 2017-18opens PDF file

Corporate Plan 2016-17opens PDF file

Gift Register

In accordance with the NAIF Gift and Benefits Policy, NAIF publishes 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 the $AUD100.00 (exclusive of GST).

Gift 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 Gifts and Benefits report is consistent with guidance published by the Australian Public Service Commission. Quarterly reports be published to cover the January, April, July and October quarters.

Gifts and Benefits Registeropens PDF file

Executive Remuneration Report

The NAIF is committed to provide transparency of our remuneration for executive 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 significantly 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 NAIF reports on Executive Remuneration in its 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 as a result of reasonable enquiries undertaken by officers in the NAIF, the listed contracts do not contain any inappropriate confidentiality provisions.