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How the new $15b fund boss will revive manufacturing

Andrew Tillett

The inaugural chief of the $15 billion National Reconstruction Fund says he is willing to take investment risks with taxpayers’ money but is confident the overall portfolio will deliver a return to government over the medium term.

Former Macquarie Group executive Ivan Power will be announced on Thursday as the chief executive of the NRF, a key plank of the Albanese government’s agenda to revive manufacturing.

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Andrew Tillett writes on politics, foreign affairs, defence and security from the Canberra press gallery. Connect with Andrew on Facebook and Twitter. Email Andrew at andrew.tillett@afr.com

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    Original URL: https://www.afr.com/politics/federal/how-the-new-15b-fund-boss-will-revive-manufacturing-20240131-p5f19z