An internal debate between the board and investment arm of the National Reconstruction Fund has emerged over the direction of the federal government’s landmark $15 billion investment vehicle.
Ahead of a new statement of expectations from the second-term Albanese government, the fund is debating the need for a more “aggressive” approach that would see it invest in companies earlier.
The debate, revealed by National Reconstruction Fund (NRF) Corporation chair Martijn Wilder on Wednesday, comes amid what he says is a growing appetite from government to take more and riskier bets.
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