The Morrison government has extended the life of the Northern Australia Infrastructure Facility for another five years as part of a broader plan to repurpose the loan facility to help with the economic recovery.
Keith Pitt, Minister for Resources, Water and Northern Australia, said the NAIF, which was due to expire on June 30 next year, would now run until June 30, 2026.
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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com
