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New NAIF board to steer next phase of northern investment

Date Time New NAIF board to steer next phase of northern investment Minister for Resources, Water and Northern Australia Keith Pitt has announced a new Chair and board members for the Northern Australia Infrastructure Facility (NAIF). Minister Pitt said the new Chair and board members had the credentials to lead the $5 billion NAIF through its next phase after Parliament approved reforms which widen the facility’s investment options to support projects across northern Australia. Minister Pitt said businesswoman and corporate leader Tracey Hayes from the Northern Territory has been appointed Chair of the NAIF Board for a three-year term. Ms Hayes has extensive corporate and governance experience. A former Chair of the Darwin Waterfront Corporation and CEO of the Northern Territory Cattlemen’s Association, Ms Hayes also serves on the Australia Indonesia Institute Board and the National Drought and Flood Response and Recovery Agency Advisory Board.

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