$50 million NAIF loan finalised to refurbish Townsville Airport Terminal
The redevelopment of Townsville Airport is ready for take off, with financial close reached on a $50 million Northern Australia Infrastructure Facility (NAIF) loan application and first drawdown of funds expected to happen before the end of the year.
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Minister welcomes appointment of new NAIF Chief Executive Officer
Minister for Resources and Northern Australia Matt Canavan has welcomed the appointment of Chris Wade as Chief Executive Officer of the Northern Australia Infrastructure Facility (NAIF).
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Milestone opening for Humpty Doo NAIF-backed project
Today marks the first opening of a project funded by the Northern Australia Infrastructure Facility (NAIF), with the completion of stage one of the Humpty Doo Barramundi Farm expansion.
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National Radioactive Waste Management Facility - Wallerberdina Station Community Ballot
The Australian Government acknowledges the outcome of the ballot in communities around Wallerberdina Station, regarding the proposal for a National Radioactive Waste Management Facility.
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Mangoes going crypto in the NT with Liberal-Nationals Government partnership on blockchain technology
A project seeking to revolutionise the mango supply chain in northern Australia, through the use of blockchain technology is a step closer to delivering for the industry, after receiving an additional $100,000 of Federal Government investment to scale-up commercial on-farm trials.
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CDU expansion secures NAIF conditional approval
Charles Darwin University’s plan to build a CBD campus in Darwin is a step closer to reality, with the Northern Australia Infrastructure Facility (NAIF) giving its funding proposal conditional approval.
Minister for Resources and Northern Australia Matt Canavan said CDU’s application for a loan of up to $150 million would continue to progress through the NAIF assessment process, with the next step being an investment decision by the NAIF Board.
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$300 million Darwin ship lift greenlighted by NAIF
$300 million will be delivered by the Liberal Nationals Government to help build a new ship lift facility and spark a business boom in Darwin, with Minister for Resources and Northern Australia Matt Canavan approving a loan through the Northern Australia Infrastructure Facility (NAIF).
Minister Canavan said the new ship lift promised to diversify Darwin’s business base and offered long-term benefits for the NT economy.
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$74 million NAIF loan finalised for Australian first fertiliser product creating regional jobs in Western Australia
Australia’s first sulphate of potash operation has reached financial close thanks in part to a $74 million Federal Government loan. This project will create 210 new jobs, Minister for Resources and Northern Australia, Matt Canavan said today.
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EnergyQuest report highlights success of Coalition gas policy
The latest report from the highly regarded energy commentator, EnergyQuest, has highlighted the success of Coalition policy in making more gas available for the east coast domestic market and placing downward pressure on gas prices.
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Canavan approves $20 million for NQ Cowboys multi-use training centre to progress
Minister for Resources and Northern Australia, Hon Matt Canavan has confirmed a $20 million Northern Australia Infrastructure Facility (NAIF) loan for the North Queensland Cowboys to build a Community, Training and High Performance Centre in Townsville.
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