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Financing Partnerships

The Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Act 2021, was passed in May 2021. One of the key reforms was to enable NAIF to provide smaller loans to projects and businesses, working in partnership with other lenders or the jurisdictions. 

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Northern Australia is characterised by its vast and sparsely populated landscapes. Many communities in this region are remote and geographically isolated, making access to basic services and amenities challenging. Proper social infrastructure ensures that essential services such as healthcare, education, and emergency services are available and accessible to residents.

The region is home to a significant number of Indigenous communities, who often have unique cultural, social, and economic needs. Social infrastructure tailored to the needs of Indigenous populations is essential for preserving cultural heritage, providing education, healthcare, and addressing social issues.

Adequate social infrastructure, including accommodation, transportation, and recreational facilities, is necessary to support both tourists and the local workforce. This helps stimulate economic growth and provides employment opportunities leading to population growth.

Access to quality healthcare and education services is crucial for the well-being and development of communities. Social infrastructure in the form of hospitals, clinics, schools, and vocational training centres ensures that residents have access to essential services and educational opportunities.

Adequate social infrastructure makes Northern Australia more attractive for individuals and families considering relocation to the region. By providing essential services, facilities, and recreational opportunities, social infrastructure can play a role in retaining residents and preventing population decline.

Programs and services delivered through social infrastructure promote social inclusion, and contributes to community resilience, economic growth, and overall quality of life in the region.

Several notable projects supported by the Northern Australia Infrastructure Facility (NAIF) illustrate the significance of social infrastructure in driving positive social and economic outcomes. 

Find out more

Whether you're interested in understanding our investment process, exploring the Investment Act and Mandate that guide our decisions, utilising our Indigenous Engagement Strategy Toolkit, or seeking answers to frequently asked questions, we've got you covered. Click on our quick links in this section to discover more about our mission and impact.

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