Mr ENTSCH: I rise in support of the Northern Australian Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021. The $5 billion Northern Australian Infrastructure Facility has certainly been a game changer for northern Australia. It was great to see this coming out of our Pivot north report, as a recommendation for a funding stream—a…
A series of new reforms will allow the Northern Australia Infrastructure Facility to commit up to half a billion dollars from its total budget to equity investments that will further speed up new job and economic opportunities in Cairns and Far North Queensland. Federal Leichhardt MP Warren Entsch said the removal of the ban on…
A new Northern Australia Infrastructure Facility investment is set to create 60 new jobs in Cape York. The NAIF investment will fund a new floating terminal for bauxite miner, Metro Mining, on the Skardon River in north-western Cape York. The $47.5 million NAIF loan offer will allow for new infrastructure for the company to load…
MR ENTSCH: (Leichhardt) (11:34): The $5 billion Northern Australia Infrastructure Facility is a game changer for northern Australia. The NAIF is partnering with the private sector and governments of northern jurisdictions to provide concessional loans to encourage and complement private sector investment in infrastructure that benefits northern Australia. I have to concede there have been some…