Northern Australia Infrastructure Facility Extended

4 May 2016

The Government has extended the coverage of the $5 billion Northern Australia Infrastructure Facility.

Following detailed consideration, the facility will now include the wider areas of Exmouth and Carnarvon and the local government shires of Meekatharra and Wiluna, in Western Australia.

“Melissa Price has been integral to the extension of this facility by making strong representations on behalf of her constituents. This facility will help fund key economic infrastructure that will create jobs, enhance investment and grow the northern Australian economy. Western Australia represents a significant part of our north and will directly benefit from seeing this important facility established,” Minister Frydenberg said.

It is important to note that projects do not need to be entirely within the defined boundaries if they produce significant benefits to northern Australia, such as enhancing north-south connectivity.

Further, as noted in the Investment Mandate, the facility’s independent board, in making an investment decision, must consider a preference for a diversified portfolio with respect to geographical spread across the states and the Northern Territory.
“While the Tropic of Capricorn is often cited as the boundary between north and south, there are population centres and regions that are naturally considered part of northern Australia, like Gladstone in Queensland and Exmouth, Carnarvon, Shark Bay and the Gascoyne in Western Australia. These locations are all now specifically included in the NAIF legislation passed by the Parliament,” Minister Canavan said.
“I will continue to ensure the people in the north are represented strongly and loudly in Federal Parliament. There have been a number of new initiatives for the North West since this Government was elected, and I look forward to delivering more projects to the region for many years to come,” Ms Price said.

This facility is integral to the Government’s plan for the north and is a cornerstone of the Northern Australia White Paper. The NAIF will support the growth and establishment of infrastructure projects across the north, helping this vibrant region to reach its full potential.

Further information can be seen at:

Popular Posts

Life begins at forty | President Xi tours Shenzhen to celebrate city’s major milestone
Beetaloo Basin a key element of the gas-fired recovery
Diggers & Dealers 2020: Gina Rinehart breaks new ground again as first woman to claim forum’s highest honour
Rinehart’s historic win headlines Diggers and Dealers awards
ANDEV endorses the IPA submission. The current draft legislation if enacted would add time consuming and costly regulation for all parties involved in the mining sector.
Budget invests more than $4 billion into northern Australia
2020-21 Budget backs water reforms, northern Australia and gas to support Australia’s economic recovery and jobs
Integration roadmap for Top End grain
Become The Voice of The North

Voice of the North

Be Heard