No explicit modelling on the inflationary impact of the National Reconstruction Fund has been undertaken because it is “self-evident” that the fund will not add to inflation, according to Industry department secretary Meghan Quinn
Appearing at Senate Estimates on Thursday, officials from the department also confirmed that a recruitment process for directors of the NRF Corporation Board is underway, and is being led by executive search firm NGS Global.
The Department of Industry, Science, and Resources and the Department of Finance will assess the potential candidates against the required skills outlined in the NRF Corporation Act before it is submitted to the ministers.
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