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An interesting update https://www.afr.com/politics/federal/global-capital-shortfall-boosts-case-for-15b-fund-ed-husic-20221128-p5c1qy?
"The NRF will be an independent financier that operates commercially to deliver a positive rate of return."
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"The NRF will provide a range of finance options including:> loans> equity investment> guarantees."..."It will be governed by a board who will make independent investment decisions guided by an investment mandate.
"The NRF will finance projects that align with the 7 priority areas to leverage Australia’s natural and competitive strengths.
1. value-add in resources
2. value-add in agriculture, forestry and fisheries
3. transport
4. medical science
5. renewables and low emission technologies
6. defence capability
7. enabling capabilities."
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