NAIF ActThe object of the NAIF Act is to establish NAIF to...

NAIF Act

The object of the NAIF Act is to establish NAIF to provide financial assistance to the States and Territories, and other entities, for the development of Northern Australia economic infrastructure.

Financial Assistance

Following reforms to the NAIF Act in 2021, NAIF may provide a broad range of financial assistance to infrastructure proponents in Northern Australia including:

• Project finance loans
• Corporate finance loans
• Equity investment up to $50m per project
• Letters of credit, guarantees and similar instruments

Probably the issue with NAIF?
The Investment Mandate provides examples of the types of Projects that NAIF can invest in. These include energy and communications networks, ports, airports, rail, roads, water, social infrastructure (including health facilities, education facilities, research facilities, training and related accommodation facilities) and processing facilities (including abattoirs and agricultural processing plants) and transhipment vessels.