Northern Australia Infrastructure Facility

Northern Australia Infrastructure Facility (NAIF) is a Commonwealth Government $7 billion lending facility to finance projects via the governments of the Northern Territory, Queensland and Western Australia to achieve growth in the economies and populations of those regions and encourage and complement private sector investment in northern Australia. NAIF's primary purpose is to accelerate infrastructure development and thereby transform northern Australia by financing that generates: public benefit being broad based and outside of that enjoyed by a project proponent; growth in the economy and population of northern Australia; potential to encourage private sector participation in the financing of northern Australia's infrastructure needs; and sustainable Indigenous participation, procurement and employment outcomes.