Northern Australia Infrastructure Facility Amendment Bill 2026

Senator GREEN (Queensland—Assistant Minister for Tourism, Assistant Minister for Pacific Island Affairs and Assistant Minister for Northern Australia) (12:52): In good faith, I want to answer your question to put it on the record. NAIF investments are proponent led and sector agnostic, and the senator knows that. That's the way that the NAIF has been set up and will continue, hopefully, to work over the next 10 years, and that's why we don't support the Greens' amendment.

I know that they've brought amendments like that forward in other legislation. The NAIF does not control which sector's potential project proponents arise, and the sector-agnostic approach allows the NAIF to drive broad economic and social development across north Australia. Of course, the investment mandate requires that, to be eligible for NAIF financing, a project must align with at least one of the five policy priority areas.