Our Organisation

NAIF Board

Meet the experienced and diverse NAIF Board, with expertise in infrastructure, government, finance, construction, and law.

Icon banner

The NAIF is governed by a Board of Directors with extensive experience and expertise in northern Australia across a range of sectors, including infrastructure, government, finance, construction and law.

Tracey Hayes

Chair (Northern Territory)

Tracey Hayes is a senior executive leader in business across northern Australia, recognised both nationally and internationally. As the first female CEO of the Northern Territory Cattlemen’s Association, she led initiatives that shaped the billion-dollar NT pastoral industry. Additionally, Tracey served as Chair of a Government Statutory Authority a founding board member of the Cooperative Research Centre for northern Australia and a Member of the Order of Australia Honours Council.

Her commitment to fostering international relationships is evident through her involvement on the board of the Australia Indonesia Institute, aimed at strengthening ties between the two countries. She also played a key advisory role in the National Resilience and Recovery Agency, showcasing her dedication to national resilience efforts.

Currently serving as the Head of Corporate Affairs Australia at AAM Investment group, a prominent $1B Australian-owned operator, Tracey continues to make an impact in the agricultural industry. Concurrently, she holds the position of Federation Board Chair for the Royal Flying Doctors, underscoring her dedication to serving regional Australia. With extensive experience across infrastructure, health, and agriculture sectors, Tracey Hayes is a respected leader dedicated to advancing regional development and prosperity.

Tracey Hayes wearing a blue top and black blazer on a white background

Vanessa Elliott AM

Director (Western Australia)

Vanessa Elliott is a Jaru woman from the Kimberley region of Western Australia with cultural and family connections in the Northern Territory and Queensland.

She has more than 20 years’ experience working in strategic leadership roles in economic development, community services, regional and remote project management, strategic planning, including headworks, energy, mining, native title and service commissioning.

Ms Elliott has worked on some of the major project developments in Australia across the resource industry, regional development and town planning, specialising in project life cycle, land access, regulatory approvals, social performance, local content and diversity and inclusion.

Ms Vanessa Elliott

Stephen Margetic

Director (Northern Territory)

Mr Margetic is Managing Director and co-owner of Sitzler Pty Ltd, a territory construction and development contractor with operations in the Northern Territory, South Australia and Western Australia. He is also a Director of Master Builders Australia.

A long-term Fellow of the Australian Institute of Company Directors, Mr Margetic has served on numerous industry boards and working groups. He served as Chairman of the Northern Territory Land Development Corporation from its inception in 2004 to retirement in 2010, as Director of Power Water Corporation, as President of Master Builders NT and as a member of the Territory 2030 Strategic Plan steering Committee.

Mr Margetic has considerable experience delivering major infrastructure works under public-private partnerships, alliancing and joint ventures.

Mr Stephen Margetic wearing a suit.

Kate George

Director (Western Australia)

Ms George has a legal background and has extensive experience working in the resources industry, regional and Indigenous business and infrastructure and asset management.

Her employment has been in the public (State and Commonwealth) and private sectors and includes policy development, consultancy work especially with the resources sector and community sector, housing development and planning roles in areas including Aboriginal justice, health, governance, training and employment and economic development including residential land development. Membership on Boards, committees and working groups has been across a number of sectors including those mentioned above.

Ms Kate George wearing a black blazer, with a blue shirt.

Grant Cassidy OAM

Director (Queensland)

Mr Cassidy owns and runs two award-winning hospitality businesses, as well as heading up a cattle-grazing property in Rockhampton, where he is based.

Mr Cassidy’s current roles also include Director of the Gladstone Ports Corporation, Chair of Regional Development Australia Central and Western Queensland, Chair of Capricornia Business Advisory Alliance and Vice Chairman of Beef Australia Limited.

He also has a background in commercial radio and multi-media and was awarded the Medal of the Order of Australia in 2019 for services to the tourism and hospitality sector.

Tracey Hayes wearing a blue top and black blazer on a white background

Mark Gray

Director (Queensland)

Mr Gray is an accomplished Chairman and Company Director, highly experienced across a range of corporate, government and not-for-profit entities. He holds a number of current Directorships, including Sugar Terminals Limited, Royal Flying Doctor Service (Queensland) and Queensland Cricket, each of which has interests and operations in north Queensland.

As well, Mr Gray has an outstanding record of significant achievement in executive roles in both the public and private sectors. He has held Chief Executive Officer positions with the Queensland Treasury, the Queensland Competition Authority and the Queensland Independent Commission of Audit. He was also the Office Head for Macquarie Group in Queensland and Executive Director with BDO (Qld) Pty Ltd.

Mr Gray has specialist skills and expertise in financial management and services. Beyond that, he has a breadth of relevant experience in other key industry sectors, especially infrastructure, agriculture, IT, education and health, as well as other sectors such as aero-medical emergency services and sports administration.

Mr Mark Gray wearing a suit

Lisa Hewitt

Director (Queensland)

Ms Lisa Hewitt has a lifelong association with northern Australia, which she has continued through her current role as Elders State General Manager Queensland and Northern Territory (NT).

Ms Hewitt grew up on cattle properties in Queensland, working in the livestock production industry on her family farming operation, and in a previous role led the ANZ commercial and agribusiness team in North Queensland. 

Ms Hewitt’s experience has included working in corporate and middle market lending as well as managing high-risk lending across Queensland, New South Wales, and the Northern Territory.

A highly regarded business leader in northern Australia, Ms Hewitt is passionate about regional development, as well as building high performance cultures that best serve the interests of clients and the communities they live in.

Ms Lisa Hewitt

Jim Betts

Director (Secretary of the Department of Infrastructure, Transport, Regional Development, Communications)

Jim Betts was appointed as Secretary of the Department of Infrastructure, Transport Regional Development, Communications and the Arts in July 2022.

Mr Betts has spent over 30 years working in government agencies in the UK, Victoria and (for the last 8 years) New South Wales.

Prior to becoming Secretary, Mr Betts was a partner at strategy consultancy EY Port Jackson Partners, having previously led the New South Wales Department of Planning, Industry and Environment (DPIE) as Secretary for 2.5 years. During that period, the department undertook transformational reform in areas like land use planning, water, urban design, sustainability, climate change, biodiversity conservation and energy. From 2013 to 2019, he was Chief Executive Officer of Infrastructure NSW where he led the development of 2 State Infrastructure Strategies, oversaw the state’s infrastructure program, delivered major state infrastructure projects and developed a state plan for the construction sector.

Before moving to New South Wales, Mr Betts spent 5 years in Victoria as Secretary for the Victorian Transport Department and 4 years as Victoria’s Director of Public Transport. Mr Betts strives to be a champion for inclusivity and social justice, not least for First Nations people.

Mr Jim Betts wearing a black button up shirt.

Find out more

Explore more about what makes NAIF a unique financier and access essential resources and information about NAIF's operations.

Share this page