NAIF is a $5 billion lending facility to provide financial assistance to infrastructure projects (by way of loans or alternative financing mechanisms). It advanced Commonwealth Government funds via the governments of the Northern Territory, Queensland and Western Australia, to invest in the development of northern Australian infrastructure. It aims to encourage and complement private sector finance in the north.
NAIF’s Governance and Organisational Structure
NAIF’s governance and organisational structures are shown in the diagram below.
Service Level Agreement with Export Finance Australia
NAIF has a dedicated team of its own staff and is supported in its day-to-day operations through a SLA with Export Finance Australia. The SLA is for a term which extends until the last NAIF loan is expected to be repaid. For further information see here