Question Time AU

Bill Debate · Second Reading

Northern Australia Infrastructure Facility Amendment Bill 2026; Second Reading

House of Representatives · Wednesday 4 March 2026

Official Hansard for this day (APH) · Read this debate on OpenAustralia

At a glance

The debate concerned amendments to the Northern Australia Infrastructure Facility Act 2016 to extend its investment window and improve governance. The Minister for Northern Australia moved the bill, highlighting its role in supporting economic growth and job creation in the north. Key changes included extending the facility's operational period by ten years and strengthening accountability mechanisms. The Minister cited successful investments in critical minerals, housing, and agriculture as evidence of the facility's value. The debate concluded with the motion being carried without opposition.

Outcome

The debate was adjourned and the bill was passed.

Summary in reported speech - not a transcript. AI-generated, so check the official record before quoting.

How the debate unfolded

Opened the debate

Madeleine King (Brand) (Australian Labor Party) ALP

King supported the bill, arguing it ensured the Northern Australia Infrastructure Facility could continue supporting economic growth in a stable and accountable manner. King stated the amendments extended the statutory investment decision-making window from 30 June 2026 to 30 June 2036, providing certainty for investors. King noted the bill strengthened governance by requiring the board to notify ministers of noncompliance with the investment mandate and allowing ministers to direct corrective action. King explained that the legislation aligned the facility with current administrative arrangements for specialist investment vehicles by including the Minister for Finance in oversight responsibilities. King highlighted that the bill updated statutory review requirements to occur after 2029 and 2034, ensuring timely evaluations of the facility's operation.