Tag: NRFC

NRFC grilled over scandal-linked startup investment

Posted on   |  by Joseph Brookes
The corporation managing the government’s $15 billion industry fund has agreed to review potential risks to the Commonwealth from its $32 million equity investment in a startup linked to...

Veteran Big Four banker to lead NRF Corporation

Posted on   |  by Joseph Brookes
Career banker David Gall has been handed the reins of the agency responsible for the federal government’s $15 billion manufacturing fund, arriving as its first investments roll out to...

NRF building industry, not just scaling companies: Wilder

Posted on   |  by Brandon How
A $200 million investment in Arafura Rare Earths will build local industry and should not be conceived as a one-off payment to a mining company, according to National Reconstruction...

$100m in a month: The NRF cranks investment pace

Posted on   |  by James Riley
The National Reconstruction Fund Corporation has announced a $22.5 million investment in secure data infrastructure provider Vault Cloud, bringing its total investments into Australian companies in the past month...

‘Frontrunning’ fears over NRF’s first $40m deal

Posted on   |  by Joseph Brookes
A media drop and alleged leak has put the corporation in charge of the government’s $15 billion manufacturing fund under scrutiny at its first Senate Estimates appearance since its...

First NRF deal keeps mining company in Qld

Posted on   |  by Joseph Brookes
The head of Australia’s $15 billion manufacturing fund says a pipeline of innovation investments will follow its debut equity deal for a Queensland mining equipment maker, and that its...

Landmark NRF startup deals within weeks

Posted on   |  by Joseph Brookes
The first investments from the Albanese government’s landmark $15 billion manufacturing fund will be revealed within weeks as part of series A or B raises of local startups. The National...

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...