[1]        Journals of the Senate, No. 43, 14 June 2017, pp. 1411–1412.

[2]        On 27 November 2017, the Senate granted the committee an extension to report by
24 April 2018; Journals of the Senate, No. 72, 27 November 2017, p. 2283. On 24 April 2018, the committee tabled a progress report requesting a further extension to 6 July 2018; Journals of the Senate, No. 95, 8 May 2018, p. 3026.

[3]        Journals of the Senate, No. 43, 14 June 2017, pp. 1411–1412.

[4]        See for example: Ms Claire Gronow, Submission 3; Climate Council of Australia, Submission 50; Dr Elizabeth Moore, Submission 78. 

[5]        Australian Government, Northern Australia Audit: Infrastructure for a Developing North Report, January 2015, p. 6.

[6]        Australian Government, Northern Australia Audit: Infrastructure for a Developing North, January 2015, p. 15.

[7]        The Hon. J. B. Hockey MP, Treasurer of the Commonwealth of Australia, Budget Speech 2015, http://www.budget.gov.au/2015-16/content/speech/html/speech.htm (accessed 27 July 2017).

[8]        Australian Government, Our North, Our Future: White Paper on Developing Northern Australia, June 2015, p. 86.

[9]        Australian Government, Our North, Our Future: White Paper on Developing Northern Australia, June 2015, p. 86.

[10]      Australian Government, Our North, Our Future: White Paper on Developing Northern Australia, June 2015, pp. 86–87.

[11]      Australian Government, Our North, Our Future: White Paper on Developing Northern Australia, June 2015, p. 87.

[12]      The Northern Australia Advisory Group was established in June 2014, to provide expert advice on developing Northern Australia. More information is available on the following website: http://minister.infrastructure.gov.au/wt/releases/2014/June/wt084_2014.aspx (accessed 21 June 2018).

[13]      Australian Government, Our North, Our Future: White Paper on Developing Northern Australia, June 2015, pp. 86–87.

[14]      Australian Government, Northern Australia Infrastructure Facility––Consultation Paper, November 2015, https://industry.gov.au/industry/Northern-Australia-Infrastructure-Facility/Documents/Consultation-Paper.pdf (accessed 21 May 2018).

[15]      Department of Industry, Innovation and Science, Submission 42, p. 3.

[16]      Department of Industry, Innovation and Science, Submission 42, p. 3.

[17]      Joint Select Committee on Northern Australia, Advisory Report on the Northern Australia Infrastructure Facility Bill 2016, 14 April 2016, p. 9.

[18]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016 [F2016L00654], https://www.legislation.gov.au/Details/F2016L00654 (accessed 20 June 2018).

[19]      Mr Jimmy Cocking, Chief Executive Officer, Arid Lands Environment Centre, Committee Hansard, 2 February 2018, p. 28.

[20]      Professor John Quiggin, Associate Professor Kristen Lyons and Dr Morgan Brigg,Submission 66, p. 23.

[21]      Transparency International Australia, Submission 44, p. [1].

[22]      Ms Laurie Walker, Chief Executive Officer, Northern Australia Infrastructure Facility, Committee Hansard, 11 August 2017, p. 48.

[23]      Mr Shepherd previously chaired the National Commission of Audit from 2013 to 2014.

[24]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 12.

[25]      Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], https://www.legislation.gov.au/Details/F2018L00567 (accessed 25 June 2018).

[26]      Australian National Audit Office, In-Progress Performance Audit, Governance and integrity of the Northern Australia Infrastructure Facility, https://www.anao.gov.au/work/performance-audit/governance-and-integrity-northern-australia-infrastructure-facility (accessed 21 June 2018).

[27]      Australian National Audit Office, Request for Audit, Northern Australia Infrastructure Facility, Auditor-General's follow-up, 18 May 2018, https://www.anao.gov.au/work/request/northern-australia-infrastructure-facility (accessed 21 June 2018).

Chapter 2 - Governance Framework

[1]        Replacement Explanatory Memorandum to the Northern Australia Infrastructure Facility Bill 2016, p. 2.

[2]        Replacement Explanatory Memorandum to the Northern Australia Infrastructure Facility Bill 2016, p. 7.

[3]        Australian Government, Department of Finance, Resource Management glossary—corporate Commonwealth entity (CCE). https://www.finance.gov.au/resource-management/pgpa-glossary/corporate-commonwealth-entity/ (accessed 22 May 2018).

[4]        Northern Australia Infrastructure Facility Act 2016, Parts 5 and 6.

[5]        Northern Australia Infrastructure Facility Act 2016, ss. 9(1).

[6]        Senator the Hon. Matthew Canavan, Minister for Resources and Northern Australia, NAIF changes to fast-track infrastructure investment, 18 April 2018,
http://minister.industry.gov.au/ministers/canavan/media-releases/naif-changes-fast-track-infrastructure-investment (accessed 4 July 2018).

[7]        Department of Industry, Innovation and Science, Submission 42, p. 4.

[8]        Northern Australia Infrastructure Facility website––'Concessionality', http://naif.gov.au/about-naif-finance/concessionality/ (accessed 23 May 2018).

[9]        Department of Industry, Innovation and Science, Submission 42, p. 4.

[10]      Northern Australia Infrastructure Facility Act 2016, s. 10.

[11]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016 [F2016L00654], https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[12]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016 [F2016L00654], Schedule 1, https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[13]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016 [F2016L00654], Schedule 1, https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[14]      Northern Australia Infrastructure Facility, NAIF––Indigenous Engagement Strategy Guideline, June 2017, pp. 2–6.

[15]      Northern Australia Infrastructure Facility, NAIF––Indigenous Engagement Strategy Guideline, June 2017, p. 5.

[16]      Northern Australia Infrastructure Facility, NAIF––Indigenous Engagement Strategy Guideline, June 2017, p. 6.

[17]      Northern Australia Infrastructure Facility, NAIF––Indigenous Engagement Strategy Guideline, June 2017, p. 6.

[18]      See for example: Northern Land Council, Submission 68, p. 8; Wangan & Jagalingou Traditional Owners, Submission 101, p. 2; Cape York Land Council, Submission 27, p. 2; Union Aid Abroad, Submission 35, p. 2.

[19]      Mr Shannon Burns, Policy Officer, Cape York Land Council, Committee Hansard, 1 February 2018, p. 37.

[20]      Northern Land Council, Submission 68, p. 3. 

[21]      Wangan & Jagalingou Traditional Owners, Submission 101, p. 4.

[22]      Mr Joe Morrison, Chief Executive Officer, Northern Land Council, Committee Hansard, 2 February 2018, p. 11.

[23]      Mr Joe Morrison, Chief Executive Officer, Northern Land Council, Committee Hansard, 2 February 2018, p. 11.

[24]      Northern Land Council, Submission 68, p. 3. 

[25]      Northern Australia Infrastructure Facility, Confidentiality Policy, June 2017, p. 5.

[26]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016, [F2016L00654], Schedule 1, https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[27]      Mr Chris Mitchell, Executive Officer, RDA Kimberley, Committee Hansard, 9 April 2018,
p. 1.

[28]      Mr Chris Mitchell, Executive Officer, RDA Kimberley, Committee Hansard, 9 April 2018,
p. 1.

[29]      Mr Peter Taylor, President, Broome Chamber of Commerce and Industry, Committee Hansard, 9 April 2018, p. 10.

[30]      Institute for Energy Economics and Financial Analysis, Submission 85, p. 5.

[31]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016, [F2016L00654], Schedule 1, https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[32]      Ms Louise Talbot, General Manager, Department of Industry, Innovation and Science, Committee Hansard, 11 August 2017, p. 43.

[33]      Ms Laurie Walker, Chief Executive Officer, Northern Australia Infrastructure Facility, Committee Hansard, 1 February 2018, p. 53.

[34]      Ms Pip Close, Chief Executive Officer, Tourism Tropical North Queensland for Queensland Tourism Industry Council, Committee Hansard, 1 February 2018, p. 22.

[35]      Councillor Elizabeth Schmidt, President, Northern Alliance of Councils Incorporated, Committee Hansard, 1 February 2018, p. 48.

[36]      Northern Land Council, Submission 68, p. 3. 

[37]      Mr Joe Morrison, Chief Executive Officer, Northern Land Council, Committee Hansard, 2 February 2018, p. 10.

[38]      Mr Greg Owens, Chief Executive Officer, NT Farmers' Association, Committee Hansard, 2 February 2018, p. 15.

[39]      See Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018. In particular, recommendations 4, 5, 6, and 7 are implemented in the new 2018 Investment Mandate.

[40]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 9.

[41]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 9.

[42]      Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], Schedule 1, https://www.legislation.gov.au/Details/F2018L00567 (accessed 6 June 2018).

[43]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016 [F2016L00654], Schedule 1, https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[44]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 18.

[45]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016 [F2016L00654], Schedule 1, https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[46]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 19.

[47]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 19.

[48]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 19.

[49]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 20.

[50]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016 [F2016L00654], p. 3, https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[51]      Mandatory Criterion 4 of the 2018 Investment Mandate is identical to Mandatory Criterion 6 of the 2016 Investment Mandate.

[52]      Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], Schedule 1, https://www.legislation.gov.au/Details/F2018L00567 (accessed 6 June 2018).

[53]      Northern Australia Infrastructure Facility Act 2016, ss. 11 (5).

[54]      See for example: The Australia Institute, Submission 47, p. 6; Greenpeace, Submission 102, p. 2; Ms Jody Williams, Submission 81, p. 3.

[55]      The Australia Institute, Submission 47, p. 6.

[56]      See for example: Professor Thomas Clarke, Professor of Corporate Governance, University of Technology Sydney, Committee Hansard, 11 August 2017, p. 2; Mr Thomas Swann, Researcher, The Australia Institute, Committee Hansard, 11 August 2017, p. 26.

[57]      Ms Imogen Zethoven, Campaign Director, Great Barrier Reef, Australian Marine Conservation Society, Committee Hansard, 1 February 2018, pp. 31–32.

[58]      Ms Sandra Williams, Submission 7, p. 2.

[59]      Professor Thomas Clarke, Submission 30, p. 3.

[60]      The Australia Institute, Submission 47, p. 6, p. 26.

[61]      Mr Thomas Swann, Researcher, The Australia Institute, Committee Hansard, 11 August 2017, p. 26.

[62]      All policy documents listed are available on NAIF's website: NAIF Act and Governance, http://naif.gov.au/about-us/naif-governance/ (accessed 24 May 2018).

[63]      Northern Australia Infrastructure Facility, Submission 43, p. 4.

[64]      Schedule 6––Attachment 1, Northern Australia Infrastructure Facility, Submission 43, pp. 14–15.

[65]      Mr John Hopkins, General Counsel and Board Secretary, Export Finance and Insurance Corporation, Committee Hansard, 11 August 2017, p. 32.

[66]      See for example: Market Forces, Submission 69, p. 2; Greenpeace Australia Pacific, Submission 102, p. 2.

[67]      The Australia Institute, Submission 47, p. 18.

[68]      Australian Conservation Foundation, Submission 26, p. 9.

[69]      Export Finance and Investment Corporation, Submission 8, p. 2.

[70]      Export Finance and Investment Corporation, Submission 8, p. 2.

[71]      Mr John Hopkins, General Counsel and Board Secretary, Export Finance and Insurance Corporation, Committee Hansard, 11 August 2017, p. 33.

[72]      Mr John Hopkins, General Counsel and Board Secretary, Export Finance and Insurance Corporation, Committee Hansard, 11 August 2017, p. 35.

[73]      Northern Australia Infrastructure Facility, Annual Report 2016–17, p. 32.

[74]      Northern Australia Infrastructure Facility Act 2016, p. 2.

[75]      Australian Government, Section 2, Master Facility Agreement––Northern Australia Infrastructure Facility, p. 2.

[76]      Australian Government, Sections 4 and 5, Master Facility Agreement––Northern Australia Infrastructure Facility, pp. 5–6.

[77]      Northern Australia Infrastructure Facility, Submission 43, p. 33.

[78]      Section 13 of the 2016 and 2018 Investment Mandates are identical.

[79]      Northern Australia Infrastructure Facility Investment Mandate Direction 2016 [F2016L00654], pp. 5–6, https://www.legislation.gov.au/Details/F2016L00654 (accessed 6 June 2018).

[80]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, pp. 22–23.

[81]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 23.

[82]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 23.

[83]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 27.

[84]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 27.

Chapter 3 - Board of Directors

[1]        Northern Australia Infrastructure Facility Act 2016, s. 14.

[2]        Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], Section 4, https://www.legislation.gov.au/Details/F2018L00567 (accessed 6 June 2018).

[3]        Northern Australia Infrastructure Facility Act 2016, ss. 13(2)

[4]        Northern Australia Infrastructure Facility Act 2016, ss. 15(1).

[5]        Northern Australia Infrastructure Facility Act 2016, ss. 15(4).

[6]        Department of Industry, Innovation and Science, Submission 42, pp. 9–10.

[7]        Department of Industry, Innovation and Science, Submission 42, pp. 9–10.

[8]        Australian Government, Northern Australia Infrastructure Facility, About Us, NAIF Board, http://www.naif.gov.au/about-us/naif-board/ (accessed 25 May 2018).

[9]        Short biographies for each member of the NAIF board, including their areas of expertise, can be found on NAIF's website: http://naif.gov.au/about-us/naif-board/ (accessed 16 April 2018).

[10]      Department of Industry, Innovation and Science, answers to question on notice, 11 August 2017 (received 5 September 2017).

[11]      See for example: Dr Donald Gutteridge, Submission 93, p. 1; Ms Sandra Williams, Submission 7, p. 2; Mrs Nancy Pallin, Submission 11, p. 3.

[12]      Australian Conservation Foundation, Submission 26, p. 12.

[13]      Doctors for the Environment Australia, Submission 25, p. 11.

[14]      See for example: Concerned Economists Group, Submission 48, p. 6; Mr Hugh Scobie, Submission 63, p. 2.

[15]      Lock the Gate Alliance, Submission 34, p. 3.

[16]      Dr John Davison-Mowle, Submission 22, p. 2.

[17]      Dr John Davison-Mowle, Submission 22, p. 3.

[18]      See for example: Mr Thomas Swann, Researcher, The Australia Institute, Committee Hansard, 11 August 2017, p. 23; Dr Noel Preece, Committee Hansard, 1 February 2018, p. 9; Ms Shar Molloy, Director, Environment Centre NT, Committee Hansard, 2 February 2018, p. 29.

[19]      See for example: Mr Mark Zanker, Submission 1, p. 1; Mr Johnathon Peter, Submission 2, p. 1; Dr Clare Smith, Submission 6, p. 1; Mackay Conservation Group, Submission 28, p. 2.

[20]      Mr Thomas Swann, Researcher, The Australia Institute, Committee Hansard, 11 August 2017, p. 23.

[21]      Professor Thomas Clarke, Professor of Corporate Governance, University of Technology Sydney, Committee Hansard, 11 August 2017, p. 2.

[22]      Professor Thomas Clarke, Professor of Corporate Governance, University of Technology Sydney, Committee Hansard, 11 August 2017, p. 2.

[23]      Dr Noel Preece, Submission 24, p. 3.

[24]      Ms Shar Molloy, Director, Environment Centre NT, Committee Hansard, 2 February 2018,
p. 29.

[25]      See for example: Lock the Gate Alliance, Submission 34, p. 2; Sunshine Coast Environment Council, Submission 40, p. 3; Gecko Environment Council, Submission 67, p. 6.

[26]      Australian Conservation Foundation, Submission 26, p. 3.

[27]      Mr Thomas Swann, Researcher, the Australia Institute, Committee Hansard, 11 August 2017, p. 23.

[28]      Ms Bess Murphy, Community Engagement Coordinator, Cairns and Far North Environment Centre, Committee Hansard, 2 February 2018, p. 29.

[29]      Ms Pip Close, Chief Executive Officer, Tourism Tropical North Queensland for Queensland Tourism Industry Council, Committee Hansard, 1 February 2018, p. 27.

[30]      Ms Imogen Zethoven, Campaign Director, Great Barrier Reef, Australian Marine Conservation Society, Committee Hansard, 1 February 2018, p. 32.

[31]      Environmental Defenders' Office, Submission 111, p. 3.

[32]      Northern Australia Infrastructure Facility Act 2016, ss. 15(4).

[33]      Mr Shannon Burns, Policy Officer, Cape York Land Council, Committee Hansard,
1 February 2018, p. 38.

[34]      Dr Noel Preece, Committee Hansard, 1 February 2018, p. 7.

[35]      Environmental Defenders' Office, Submission 111, p. 12.

[36]      Ms Bess Murphy, Community Engagement Coordinator, Cairns and Far North Environment Centre, Committee Hansard, 2 February 2018, p. 29.

[37]      Mr Joe Morrison, Chief Executive Officer, Northern Land Council, Committee Hansard, 2 February 2018, p. 8.

[38]      Mr Joe Morrison, Chief Executive Officer, Northern Land Council, Committee Hansard, 2 February 2018, p. 8.

[39]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, p. 10.

[40]      Public Governance and Performance Accountability Act 2013, ss. 29(1).

[41]      Public Governance and Performance Accountability Rule 2014, s. 14.

[42]      Northern Australia Infrastructure Facility, Conflict of Interest Policy, p. 4, https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/06/NAIF-Conflicts-of-Interest-Policy.pdf , (accessed 18 July 2017).

[43]      Northern Australia Infrastructure Facility, Conflict of Interest Policy, p. 7, https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/06/NAIF-Conflicts-of-Interest-Policy.pdf , (accessed 18 July 2017).

[44]      See for example: Environmental Council of Queensland, Submission 60, p. 3; Greenpeace, Submission 102, p. 6; Australian Marine Conservation Society, Submission 55, pp. 1–2.

[45]      Australian Conservation Foundation, Submission 26, p. 13.

[46]      Ms Laurie Walker, Chief Executive Officer, Northern Australia Infrastructure Facility, Estimates Hansard, 1 June 2017, p. 114.

[47]      See for example: Arid Lands Environment Centre et al., Submission 29, p. 3; Lock the Gate Alliance, Submission 34, p. 2; Sunshine Coast Environment Council, Submission 40, p. 2.

[48]      See for example: Mackay Conservation Group, Submission 28, p. 3; Arid Lands Environment Centre et al., Submission 29, p. 3; Lock the Gate Alliance, Submission 34, p. 2.

[49]      Professor Thomas Clarke, Professor of Corporate Governance, University of Technology Sydney, Committee Hansard, 11 August 2017, p. 2.

[50]      Mr Thomas Swann, Researcher, the Australia Institute, Committee Hansard, 11 August 2017, p. 23.

[51]      Ms Shar Molloy, Director, Environment Centre NT, Committee Hansard, 2 February 2018, p. 29.

[52]      Mr Simon Every, Head of Government and Stakeholder Relations, Clean Energy Finance Corporation, Committee Hansard, 1 February 2018, p. 18.

[53]      Clean Energy Finance Corporation, Annual Report 2016–17, p. 67.

[54]      Northern Australia Infrastructure Facility, Annual Report 2016–17, p. 21.

[55]      See for example: Sunshine Coast Environment Council, Submission 40, p. 3; Gecko Environment Council, Submission 67, p. 6; Transparency International Australia, Submission 44, p. 3.

[56]      Mr Thomas Swann, Researcher, the Australia Institute, Committee Hansard, 11 August 2017, p. 29.

[57]      Mr Adam Thatcher, General Counsel, Northern Australia Infrastructure Facility, Committee Hansard, 11 August 2017, p. 51.

[58]      Northern Australia Infrastructure Facility, Submission 43, pp. 29–30.

[59]      Northern Australia Infrastructure Facility, Submission 43, pp. 29–30.

[60]      Mr Thomas Swann, Researcher, the Australia Institute, Committee Hansard, 11 August 2017, p. 30.

Chapter 4 - Project assessment process

[1]        Northern Australia Infrastructure Facility, Pipeline information, http://naif.gov.au/application-process/pipeline-information/ (accessed 4 July 2018).

[2]        Northern Australia Infrastructure Facility, Risk Management Framework,  https://naif-gov-au.industry.slicedtech.com.au/risk-management-framework/ (accessed 20 April 2018).

[3]        Northern Australia Infrastructure Facility, Pipeline information, http://naif.gov.au/application-process/pipeline-information/ (accessed 4 July 2018).

[4]        Northern Australia Infrastructure Facility, Application and Approval Procedure, http://naif.gov.au/application-process/application-and-approval-procedure/ (accessed 19 April 2018).

[5]        Northern Australia Infrastructure Facility, Application and Approval Procedure, http://naif.gov.au/application-process/application-and-approval-procedure/ (accessed 19 April 2018).

[6]        Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 26.

[7]        Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 28.

[8]        Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 28.

[9]        See for example: Mrs Nancy Pallin, Submission 12, p. 1; Dr Galina Williams, Submission 23, p. 2; Australian Conservation Foundation, Submission 26, p. 4; Lock the Gate Alliance, Submission 34, p. 1.

[10]      Dr John Davison-Mowle, Submission 22, p. 3.

[11]      Arid Lands Environment Centre (ALEC), Cairns and Far North Environment Centre (CAFNEC), Environment Centre NT (ECNT) and Environs Kimberley (EK), Submission 29, p. 2.

[12]      The Australia Institute, Submission 47, p. 25.

[13]      Northern Australia Infrastructure Facility, Application and Approval Procedure, http://naif.gov.au/application-process/application-and-approval-procedure/ (accessed 27 June 2018).

[14]      References in this chapter are to the 2018 Investment Mandate, unless otherwise specified.

[15]      Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], https://www.legislation.gov.au/Details/F2018L00567 (accessed 6 June 2018).

[16]      Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], https://www.legislation.gov.au/Details/F2018L00567 (accessed 6 June 2018).

[17]      Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], https://www.legislation.gov.au/Details/F2018L00567 (accessed 6 June 2018).

[18]      Northern Australia Infrastructure Facility, Submission 43, p. 24

[19]      Northern Australia Infrastructure Facility, Risk Management Framework,  https://naif-gov-au.industry.slicedtech.com.au/risk-management-framework/ (accessed 20 April 2018).

[20]      Northern Australia Infrastructure Facility, Risk Management Framework,  https://naif-gov-au.industry.slicedtech.com.au/risk-management-framework/ (accessed 20 April 2018).

[21]      Northern Australia Infrastructure Facility, Risk Management Framework,  https://naif-gov-au.industry.slicedtech.com.au/risk-management-framework/ (accessed 20 April 2018).

[22]      Northern Australia Infrastructure Facility, Submission 43, p. 23.

[23]      Northern Australia Infrastructure Facility, Submission 43, p. 23.

[24]      Northern Australia Infrastructure Facility, Submission 43––Attachment 1, p. 6.

[25]      Mr Simon Every, Head of Government and Stakeholder Relations, Clean Energy Finance Corporation, Committee Hansard, 1 February 2018, p. 18.

[26]      Clean Energy Finance Corporation, answer to question on notice, 1 February 2018 (received 26 February 2018).

[27]      See for example: Concerned Economists Group, Submission 48, p. 7; Institute for Energy Economics and Financial Analysis, Submission 85, p. 4; The Australia Institute, Submission 47, p. 28.

[28]      Doctors for the Environment Australia, Submission 25, p. 7; Australian Conservation Foundation, Submission 26, p. 7; Australian Marine Conservation Society, Submission 55, p. 4.

[29]      Dr Noel Preece, Submission 24, p. 2. 

[30]      Dr Noel Preece, Committee Hansard, 1 February 2018, p. 8.

[31]      Dr Noel Preece, Committee Hansard, 1 February 2018, p. 8.

[32]      The Australia Institute, Submission 47, p. 28.

[33]      Ms Bess Murphy, Community Engagement Coordinator, Cairns and Far North Environment Centre, Committee Hansard, 2 February 2018, p. 29.

[34]      Dr Noel Preece, Submission 24, p. 2.

[35]      Ms Shar Molloy, Director, Environment Centre NT, Committee Hansard, 2 February 2018, p. 30.

[36]      Climate Action Network Pacific, Submission 104, p. 1.

[37]      Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], Schedule 1, https://www.legislation.gov.au/Details/F2018L00567 (accessed 6 June 2018).

[38]      Northern Australia Infrastructure Facility Investment Mandate Direction 2018, ss. 9(1).

[39]      Northern Australia Infrastructure Facility, Public Benefit Guideline, June 2017, p. 2.

[40]      Northern Australia Infrastructure Facility, Public Benefit Guideline, June 2017, p. 2.

[41]      Northern Australia Infrastructure Facility, Public Benefit Guideline, June 2017, p. 2.

[42]      Environmental Defenders' Office, Submission 111, p. 7.

[43]      Professor Samantha Hepburn, Submission 108, p. 11.

[44]      Ms Claire Gronow, Submission 3, p. 1.

[45]      Doctors for the Environment Australia, Submission 25, p. 3.

[46]      The Australia Institute, Submission 47, p. 6.

[47]      Regional Development Australia, Far North Queensland and Torres Strait, Submission 109, p. 3.

[48]      Northern Australia Infrastructure Facility, Public Benefit Guideline, June 2017, p. 3.

[49]      Northern Australia Infrastructure Facility, Public Benefit Guideline, June 2017, p. 3.

[50]      Northern Australia Infrastructure Facility, Public Benefit Guideline, June 2017, p. 3.

[51]      Northern Australia Infrastructure Facility, Public Benefit Guideline, June 2017, p. 3.

[52]      Ethinvest, Submission 38, p. 2.

[53]      The Australia Institute, Submission 47, p. 6.

[54]      Concerned Economists Group, Submission 48, p. 6.

[55]      Northern Australia Infrastructure Facility, Environmental and Social Review of Transaction Policy, June 2017, p. 2.

[56]      Northern Australia Infrastructure Facility, Environmental and Social Review of Transaction Policy, June 2017, p. 2.

[57]      Northern Australia Infrastructure Facility, Environmental and Social Review of Transaction Policy, June 2017, p. 2.

[58]      Northern Australia Infrastructure Facility, Environmental and Social Review of Transaction Policy, June 2017, p. 2.

[59]      Northern Australia Infrastructure Facility, Environmental and Social Review of Transaction Policy, June 2017, p. 2.

[60]      Ms Laurie Walker, Chief Executive Officer, Northern Australia Infrastructure Facility, Committee Hansard, 1 February 2018, p. 53.

[61]      See for example: Ms Grusha Leeman, Submission 13, p. 1; Dr Galina Williams, Submission 23, p. 1; Doctors for the Environment Australia, Submission 25, p. 3; Lock the Gate Alliance, Submission 34, p. 1; Australian Ethical Investment, Submission 36, p. 2.

[62]      Ms Claire Gronow, Submission 3, p. 1.

[63]      Dr John Davison-Mowle, Submission 22, pp. 2–3. 

[64]      Ms Bess Murphy, Community Engagement Coordinator, Cairns and Far North Environment Centre, Committee Hansard, 2 February 2018, p. 28.

[65]      Doctors for the Environment Australia, Submission 25, p. 3.

[66]      Australian Conservation Foundation, Submission 26, p. 3.

[67]      See for example: Union Aid Abroad APHEDA, Submission 35, p. 2; Australian Conservation Foundation, Submission 26, p. 3.

[68]      Transparency International Australia, Submission 44, p. 2.

[69]      Farmers for Climate Action, Submission 45, p. 4.

[70]      The Australia Institute, Submission 47, p. 6, p. 34.

[71]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 20.

[72]      Transportation Infrastructure Finance and Innovation Act.

[73]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 21.

[74]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 28.

[75]      The 2018 Investment Mandate defines an Investment Decision as a decision by the Board to offer, or not to offer, a Financing Mechanism.

[76]      Northern Australia Infrastructure Facility Act 2016, s. 42.

[77]      Northern Australia Infrastructure Facility, NAIF Investments, http://naif.gov.au/application-process/naif-investments/ (accessed 25 June 2018).

[78]      Northern Australia Infrastructure Facility, NAIF Investments, http://naif.gov.au/application-process/naif-investments/ (accessed 26 June 2018).

[79]      Northern Australia Infrastructure Facility, NAIF Investments, http://naif.gov.au/application-process/naif-investments/ (accessed 15 June 2018).

[80]      Northern Australia Infrastructure Facility, Media Release, 'First NT project will take more Barramundi to the world', https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2018/05/20180516-First-NT-project-will-take-more-Barramundi-to-the-world.pdf (accessed 16 May 2018).

[81]      Northern Australia Infrastructure Facility, Media Release, 'World class education more attainable with NAIF loan', https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2018/07/20180703-World-class-education-more-attainable-with-NAIF-loan.pdf (accessed 4 July 2018).

[82]      Northern Australia Infrastructure Facility, Media Release, 'Genex receives indicative term sheet from the Northern Australia Infrastructure Facility for up to $516 million of concessional debt funding for the Kidston Stage 2 project', https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2018/06/Genex-NAIF-Announcement-20-June-2018.pdf
(accessed 25 June 2018).

[83]      Northern Australia Infrastructure Facility, Media Release, 'Genex welcomes approval from the Northern Australia Infrastructure Facility to proceed to full due diligence phase', https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/07/NAIF-Genex-release-12-July-2017.pdf (accessed 25 June 2018). 

[84]      Northern Australia Infrastructure Facility, Media Release, 'Genex welcomes approval from the Northern Australia Infrastructure Facility to proceed to full due diligence phase', https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/07/NAIF-Genex-release-12-July-2017.pdf (accessed 25 June 2018). 

[85]      Letter from the Deputy Premier of Queensland, the Hon. Jackie Trad MP to Senator the
Hon. Matthew Canavan, Minister for Resources and Northern Australia, https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/12/12-12-2017_Letter.pdf
(accessed 4 July 2018).

[86]      Northern Australia Infrastructure Facility, Written Notification from Northern jurisdictions, http://naif.gov.au/written-notification-from-northern-jurisdictions/ (accessed 4 July 2018).

[87]      See for example: Sunshine Coast Environment Council, Submission 40, p. 3; Environment Council of Central Queensland, Submission 60, p. 3; Australian Conservation Foundation, Submission 26, p. 3.

[88]      Environment Council of Central Queensland, Submission 60, p. 3.

[89]      Australian Conservation Foundation, Submission 26, p. 3.

[90]      Department of Industry, Innovation and Science, answer to question on notice, 11 August 2017 (received 5 September 2018).

Chapter 5 - Transparency, accountability, and communication

[1]        Northern Australia Infrastructure Facility, Confidentiality Policy, p. 3, https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/06/NAIF-Confidentiality-Policy.pdf, (accessed 19 July 2017).

[2]        Northern Australia Infrastructure Facility, Confidentiality Policy, p. 3, https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/06/NAIF-Confidentiality-Policy.pdf, (accessed 19 July 2017).

[3]        Journals of the Senate, No. 37, 29 March 2017, p. 1223.

[4]        Parliament of Australia, Letter from Senator the Hon. Matthew Canavan, Minister for Resources and Northern Australia, 30 March 2017, http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query%3DId%3A%22publications%2Ftabledpapers%2Fa09392e5-6e97-4da1-9da8-ecac5820b273%22 (accessed 28 June 2018). 

[5]        See for example: Mr Jonathon Peter, Submission 2, p. 1; Dr Clare Smith, Submission 6, p. 2; Mr John Price, Submission 10, p. 4; Mackay Conservation Group, Submission 28, p. 1; Transparency International Australia, Submission 44, pp. 1–3.

[6]        Professor Thomas Clarke, Professor of Corporate Governance, University of Technology Sydney, Committee Hansard, 11 August 2017, p. 1.

[7]        Mr Geoff Weir, Member, Concerned Economists Group, Committee Hansard, 11 August 2017, p. 8. 

[8]        Dr Noel Preece, Submission 24, p. 1.

[9]        Professor John Quiggin, Associate Professor Kristen Lyons and Dr Morgan Brigg,Submission 66, p. 9.

[10]      Northern Australia Infrastructure Facility, Submission 43, p. 15.

[11]      Northern Australia Infrastructure Facility, Freedom of Information Policy, June 2017, p. 4. https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/06/NAIF-Freedom-of-Information-Policy.pdf (accessed 15 June 2018).

[12]      Northern Australia Infrastructure Facility, Freedom of Information Policy, June 2017, p. 3. https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/06/NAIF-Freedom-of-Information-Policy.pdf (accessed 15 June 2018).

[13]      Northern Australia Infrastructure Facility, Submission 43, p. 16.

[14]      See for example: Mr Johnathon Peter, Submission 2, p.1; The Australia Institute,Submission 47, p. 19; Australian Marine Conservation Society, Submission 55, p. 1; Environmental Justice Australia, Submission 65, p. 1.

[15]      Environmental Justice Australia, Submission 65, p. 1.

[16]      Australian Conservation Foundation, Submission 26, p. 5.

[17]      Market Forces, Submission 69, p. [5]; Greenpeace Australia Pacific, Submission 102, pp. 2–3. 

[18]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 14.

[19]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 14.

[20]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 14.

[21]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, pp. 14–15.

[22]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 15.

[23]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, 2018, p. 15.

[24]      See for example: Ms Laurie Walker, Chief Executive Officer, Northern Australia Infrastructure Facility, Committee Hansard, 11 August 2017, p. 49.

[25]      As noted in Chapter 2, NAIF is now able to provide up to 100 per cent of the debt for a project, however will continue to act as a 'gap financier' when providing less than 100 per cent of the debt.

[26]      Northern Australia Infrastructure Facility, Submission 43, pp. 21–22.

[27]      See for example: Australian Conservation Foundation, Submission 26, p. 6; The Australia Institute, Submission 47, p. 17; Mr Angus King, Submission 57, p. 1.

[28]      Mr Geoff Weir, Member, Concerned Economists Group, Committee Hansard, 11 August 2017, p. 3. 

[29]      The Australia Institute, Submission 47, p. 13.

[30]      Export Finance and Insurance Corporation, Submission 8, p. 3.

[31]      Mr Simon Every, Head of Government and Stakeholder Relations, Clean Energy Finance Corporation, Committee Hansard, 1 February 2018, p. 19.

[32]      King & Wood Mallesons, Submission 90, p. 1.

[33]      National Australia Bank, Submission 107, p. 2.

[34]      National Australia Bank, Submission 107, p. 2.

[35]      Regional Development Australia (RDA) Northern Alliance, Submission 109, p. [4].

[36]      Arid Lands Environment Centre (ALEC), Cairns and Far North Environment Centre (CAFNEC), Environment Centre NT (ECNT) and Environs Kimberley (EK), Submission 29,
p. 3.

[37]      Ms Pip Close, Chief Executive Officer, Tourism Tropical North Queensland for Queensland Tourism Industry Council, Committee Hansard, 1 February 2018, p.21.

[38]      Councillor Elizabeth Schmidt, President, Northern Alliance of Councils Incorporated, Committee Hansard, 1 February 2018, p. 49.

[39]      See for example: Ms Pip Close Chief Executive Officer, Tourism Tropical North Queensland for Queensland Tourism Industry Council, Committee Hansard, 1 February 2018, p. 21,  p. 22; Councillor Elizabeth Schmidt, President, Northern Alliance of Councils Incorporated, Committee Hansard, 1 February 2018, p. 49; Mr Greg Owens, Chief Executive Officer, Northern Territory Farmers' Association, Committee Hansard, 2 February 2018, p. 18.

[40]      Mr Michael Tennant, Chief Executive Officer, Department of Trade, Business and Innovation, Northern Territory Government, Committee Hansard, 2 February 2018, p. 6.

[41]      Northern Australia Infrastructure Facility, Corporate Plan 2017–18, https://naif-gov-au.industry.slicedtech.com.au/wp-content/uploads/2017/09/NAIF-Corporate-Plan-2017-18-Final-update-pipeline-fig-25.9.2017.pdf (accessed 28 June 2018).

[42]      Northern Australia Infrastructure Facility, Submission 43, p. 55.

[43]      Ms Jann Crase, Chief Executive Officer, Regional Development Australia, Far North Queensland and Torres Strait, Committee Hansard, 1 February 2018, p. 43.

[44]      Regional Development Australia (RDA) Northern Alliance, Submission 109, p. [6]. 

[45]      Regional Development Australia Mackay Isaac Whitsunday, Submission 31, p. 2.

[46]      Ms Laurie Walker, Chief Executive Officer, Northern Australia Infrastructure Facility, Committee Hansard, 1 February 2018, p. 52.

[47]      Ms Laurie Walker, Chief Executive Officer, Northern Australia Infrastructure Facility, Committee Hansard, 1 February 2018, p. 53.

[48]      Ms Laurie Walker, Chief Executive Officer, Northern Australia Infrastructure Facility, Committee Hansard, 1 February 2018, p. 53.

[49]      Mr Craig Graham, Under Treasurer, Department of Treasury and Finance, Northern Territory Government, Committee Hansard, 2 February 2018, p. 2.

[50]      Mr Ian Kew, Chair, Darwin Major Business Group, Committee Hansard, 2 February 2018,
p. 24.

[51]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, p. 13.

[52]      Mr Anthony F Shepherd AO, Northern Australia Infrastructure Facility (NAIF) Expert Review Report, p. 14.

Coalition Senators' Dissenting Report

[1]        Opening statement, Document tabled by Northern Australia Infrastructure Facility at a public hearing in Canberra on 11 August 2017.

[2]        King & Wood Mallesons, Submission 90.

[3]        State Governments are lenders of record for NAIF loans.

[4]        Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], https://www.legislation.gov.au/Details/F2018L00567 (accessed 28 June 2018).

[5]        Opening statement, Document tabled by Northern Australia Infrastructure Facility at a public hearing in Canberra on 11 August 2017.

[6]        Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], https://www.legislation.gov.au/Details/F2018L00567 (accessed 28 June 2018).

[7]        Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], https://www.legislation.gov.au/Details/F2018L00567 (accessed 28 June 2018).

[8]        Northern Australia Infrastructure Facility (NAIF), Submission 43, pp. 27–30.

[9]        Northern Australia Infrastructure Facility Investment Mandate Direction 2018 [F2018L00567], https://www.legislation.gov.au/Details/F2018L00567 (accessed 28 June 2018).

[10]      Opening statement, Document tabled by Northern Australia Infrastructure Facility at a public hearing in Canberra on 11 August 2017.

Australian Greens' Additional Comments

[1]        Environment Centre NT, Additional Documents; Answers to Questions on Notice 7.