The entity responsible for overseeing the Albanese government’s signature $15 billion National Reconstruction Fund has been formally established, almost six months after the legislation passed through Parliament.
The National Reconstruction Fund (NRF) Corporation came into being on Monday – the same day that the eight-member board of directors established to make investment decisions held its first meeting.
Governor-General David Hurley signed off on a proclamation declaring the beginning of the NRF Corporation Act late last week, bringing forward the automatic start date of the corporate Commonwealth entity by two weeks.
Want to know how this story ends?
Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.
Do you know more? Contact James Riley via Email.