Economic Impact

Helping deliver economic impact and public benefit in the north.

A silhouette of equipment against a brightly lit orange sky

NAIF’s focus on public benefit is a key differentiator from other lenders. Here is a summary of positive impacts from projects supported by NAIF during the year.

Charles Darwin University, NT

Economic Impact $599M Jobs
784
Forecast total jobs

Strandline Resources, WA

Economic Impact $922M Jobs
505
Forecast total jobs

Shiplift (NT Government)

Economic Impact $924M over asset life Jobs
287
Forecast total jobs

James Cook University (student accommodation), QLD

Economic Impact $140M Jobs
569
Forecast total jobs

Kalium Lakes, WA

Economic Impact $169M Jobs
210
Forecast total jobs

NQ Cowboys, QLD

Economic Impact $202M Jobs
271
Forecast total jobs

Metro Mining, QLD

Economic Impact $510M over mine life Jobs
60
Forecast total jobs

Mater Health, QLD

Economic Impact $7.6M Jobs
14
Forecast total jobs

Signature Onfarm, QLD

Economic Impact $63.5M Jobs
270
Forecast total jobs

Genex Power, QLD

Economic Impact $343M including $235m direct value add for Far North Queensland Jobs
530
Forecast total jobs

Alinta Energy Chichester solar gas hybrid project, WA

Economic Impact $221M Jobs
200
Forecast total jobs

Merricks Capital, NT

Economic Impact $224M Jobs
196
Forecast total jobs

CQU, QLD

Economic Impact $71.8M Jobs
674
Forecast total Jobs

NT Airports, NT

Economic Impact $127M Jobs
1122
Forecast total jobs

Townsville Airport (QAL), QLD

Economic Impact $81.7M Jobs
257
Forecast total jobs

Onslow Marine Support Base, WA

Economic Impact $100M Jobs
227
Forecast total jobs

Humpty Doo Barramundi (stage 1 and Stage 2), NT

Economic Impact $158.6M Stage 2 Jobs
291
Forecast total jobs (over stage 1 and stage 2)

James Cook University (TIC), QLD

Economic Impact $700M Jobs
270 approx
Forecast total jobs

Voyages, NT

Economic Impact $370M Jobs
400
Forecast total jobs

BCI Minerals, WA

Economic Impact $2BN+ to region over 63 year construction and operating life Jobs
650
Forecast direct construction and operational jobs

Australian Potash, WA

Economic Impact $592M Jobs
56
Forecast total jobs

Olive Downs South Project, QLD

Economic Impact $6.1BN Jobs
1,200+
Forecast during construction and operationslus 1000+ in operations

Arnhem Land Progress Aboriginal Corporation, NT

Economic Impact Jobs
80
Forecast total jobs

Kimberley Cotton Company Ltd, WA

Economic Impact $386M over 20 years Jobs
61
Forecast total jobs

Alliance Airlines, QLD

Economic Impact $342M to region over 30 years Jobs
198
Forecast total jobs (during construction and operations)

Yangibana Rare Earths Project (Hastings Technology Metals)

Economic Impact $1.25BN to region Jobs
750+
Forecast jobs (construction and operations)

Perdaman Urea Project and supporting infrastructure

Economic Impact $8.5B to region Jobs
2500
Forecast jobs

Northern Territory Local Jobs Fund

Economic Impact $110.1M Jobs
532
Forecast

Thunderbird project (Kimberley Mineral Sands), WA

Economic Impact $1.85BN to northern Australia GRP Jobs
570
Forecast jobs

Heritage Minerals Mount Morgan site

Economic Impact 157M Jobs
400
Forecast jobs

More detail can be read on this in NAIF’s Public Benefit Guideline: here.