News
17 Jul 2020

Northern Australia Infrastructure Facility is extended by a further five years

The Northern Australia Infrastructure Facility (NAIF) will make further significant investment into the north after being granted a five year extension by the Australian Government.

NAIF’s original mandate - to provide loans to infrastructure which helps unlock the potential of the nation’s north - was due to expire by 30 June 2021 but following a statutory review, the Minister for Resources, Water and Northern Australia has extended its term to 30 June 2026.

Read the full media release on the Australian Government Northern Australian Infrastructure Facility website.