Media Centre

The Australian Government has today announced the commencement of an independent review into the Northern Australia Infrastructure Facility Act 2016.

In the heart of Darwin, traditionally known as Garramilla, the finishing touches are being carried out at Charles Darwin University’s (CDU) new Education and Community Precinct.

The Australian Government’s Northern Australia Infrastructure Facility’s (NAIF) has reached a significant investment milestone, with $2 billion invested in infrastructure projects across northern Australia.

The NAIF’s Q4 2023-24 snapshot showcases $155M investment in the NQ Airports Cairns and Mackay Airport Upgrades Project, pushing committed loans beyond $4.4B. Public Benefit stands at $33.8B, with 18,300+ jobs created. Detailed data on sectors, locations, and Indigenous engagement included.

Read the latest news from NAIF including our latest $155m Investment Decision supporting North Queensland Airports.

Our Board visited Gladstone to meet with stakeholders, including Alpha HPA, to discuss investment opportunities and infrastructure needs, with a focus on economic growth and employment.

Cairns and Mackay Airports will benefit from up to $155 million worth of expansions and upgrades thanks to a loan approved by the Australian Government’s Northern Australia Infrastructure Facility. 

In the heart of Townsville, at the James Cook University Student Halls of Residence (Burralga Yumba), a new chapter unfolds for Jaydah Savage, an aspiring occupational therapist from Cairns.

In case you missed it, you can still access all the insightful discussions, strategies, and expert advice from the session. Discover insights on how to scope your project and the Initial Review process with NAIF to maximise your project’s success.