Tag: National Reconstruction Fund Corporation

Inaugural National Reconstruction Fund chief steps down

Posted on   |  by Justin Hendry
The inaugural chief executive of the National Reconstruction Fund Corporation, Ivan Power, has stepped down less than a year into the role. His departure for health reasons has opened...

NRF Corporation under audit office microscope

Posted on   |  by Joseph Brookes
The establishment of a corporation in charge of the Albanese government’s $15 billion manufacturing fund is being audited, with an outside firm quietly tapped to assist the federal audit...

NRF Corporation racks up $8.7m bill before investing

Posted on   |  by Joseph Brookes
The independent entity steering the $15 billion National Reconstruction Fund has racked up $8.7 million in expenses before making a single investment, as it approaches a one-year anniversary with...

NRF took more than 100 inquiries without a formal process

Posted on   |  by Joseph Brookes
At least 130 inquires about investment from the $15 billion National Reconstruction Fund were made before a formal application channel was established, with businesses accessing multiple pathways in search...

Slow NRF ‘not meeting expectations’

Posted on   |  by Joseph Brookes
The Albanese government’s flagship industry support program has received hundreds of approaches for investment despite lacking a formal application process, months after it was declared “open for business”. The...

NRF gets its investment mandate, now open for business

Posted on   |  by Brandon How
The federal government has declared the National Reconstruction Fund open for business, officially delivering the NRF Corporation its investment mandate – the investment framework that will guide decisions and...

Manufacturing union secures last NRF board position

Posted on   |  by Brandon How
Australian Manufacturing Workers’ Union assistant national secretary Glenn Thompson has filled the last National Reconstruction Fund Corporation board position more than two months after the appointments were announced. Mr...