The NAIF is governed by a Board of Directors with extensive experience and expertise in northern Australia across a range of sectors, including infrastructure, government, finance, construction and law.
Ms Tracey Hayes
Chair (Northern Territory)
Tracey Hayes is a senior leader in business and industry throughout Northern Australia working at a national and international level.
A long-term former Territory pastoralist and pilot, Tracey Hayes was the first female CEO of the Northern Territory Cattlemen’s Association and was tasked with leading the billion-dollar NT pastoral industry. Appointed by the Governor General, Tracey was a member of the Order of Australia Honours Council, Chair of a Government Statutory Authority and a founding board member of the Cooperative Research Centre for Northern Australia.
Currently, Tracey is on the board of the Australia Indonesia Institute set up by the Australian Government to foster and broaden relationships between Australia and Indonesia, a member of the National Resilience and Recovery Agency advisory board and long-term proprietor of a Territory business.
Tracey is the facilitator of the Live Export Class Action resulting in a landmark precedent setting victory with compensation payable expected to be in the vicinity of $600million.
Tracey has a Global Executive Master of Business from the University of Sydney, a Territorian for almost 40 years and mother to four boys who are the 6th generation of Hayes’ to call the Territory home.
Mr Stephen Margetic
Director (Northern Territory)
Mr Margetic is Managing Director and co-owner of Sitzler Pty Ltd, a territory construction and development contractor with operations in the Northern Territory, South Australia and Western Australia. He is also a Director of Master Builders Australia.
A long-term Fellow of the Australian Institute of Company Directors, Mr Margetic has served on numerous industry boards and working groups. He served as Chairman of the Northern Territory Land Development Corporation from its inception in 2004 to retirement in 2010, as Director of Power Water Corporation, as President of Master Builders NT and as member of the Territory 2030 Strategic Plan steering Committee.
Mr Margetic has considerable experience delivering major infrastructure works under public-private partnerships, alliancing and joint ventures.
Ms Kate George
Director (Western Australia)
Ms George has a legal background and has extensive experience working in the resources industry, regional and Indigenous business and infrastructure and asset management.
Her employment has been in the public (State and Commonwealth) and private sectors and includes policy development, consultancy work especially with the resources sector and community sector, housing development and planning roles in areas including Aboriginal justice, health, governance, training and employment and economic development including residential land development. Membership on Boards, committees and working groups has been across a number of sectors including those mentioned above.
Our latest news
Increased funding to $490 million will support the expansion of BCI Minerals’ Mardie Salt & Potash Project in Western Australia thanks to an Australian Government, Northern Australia Infrastructure Facility (NAIF) loan. It is an increase of $40 million on the original loan approved last year.
A loan of up to $150 million will create hundreds of jobs in the Coburn Heavy Minerals Sands Project in the Gascoyne, Western Australia.