$5 billion funding bill for the North ready to go
THE draft legislation to enable the flow of $5 billion into projects in Northern Australia has been released and this is a key step in developing jobs and opportunities for the north.The exposure draft legislation for the $5 billion Northern Australia Infrastructure Facility (NAIF) paves the way for the flow of funding into the development of infrastructure, so that this region and other parts of Northern Australia can reach the potential we know is there.The north holds the country’s rich reserves of energy and resources, it has many thousands of hectares of arable land if we get the right water infrastructure, like Urannah Dam, in place, and we have world-class tourist attractions.