National Reconstruction Fund news

The Australian Government has set up the $15 billion National Reconstruction Fund (NRF) to diversify and transform Australian industry. 

The NRF Corporation (NRFC), governed by an independent board, will deliver the NRF as an independent financier operating at arm’s length from government.

The NRFC will give finance in the form of debt, equity and guarantees to drive Australian based investments. The NRFC will focus on 7 government identified priority areas of the Australian economy: 

  • renewables and low emissions technologies
  • medical science
  • transport
  • value-add in agriculture, forestry and fisheries
  • value-add in resources
  • defence capability
  • enabling capabilities. 

The NRFC is now active. To keep up to date, visit their website: www.nrf.gov.au 

Past news

Sep 2023 National Reconstruction Fund

National Reconstruction Fund (NRF) holds first board meeting

The meeting marks the NRF Board’s first official act – establishing the National Reconstruction Fund Corporation.
Aug 2023 National Reconstruction Fund

National Reconstruction Fund (NRF) board appointments announced

The Australian Government has announced a chair and 8 board members for the National Reconstruction Fund (NRF).
Mar 2023 National Reconstruction Fund

National Reconstruction Fund Corporation Bill passes through Parliament

The Bill establishes the National Reconstruction Fund Corporation.
Oct 2022 National Reconstruction Fund

National Reconstruction Fund: diversifying and transforming Australia’s industry and economy

The Australian Government has committed $15 billion to establish the National Reconstruction Fund (NRF) to help diversify and transform Australia’s industry and economy.