Foreign affairs & tradeStatutory authorityExists today
Export Finance and Insurance Corporation
EFIC · Export Finance Australia
1 November 1991 – present
Australia's export credit agency, providing loans, guarantees, bonds and insurance to Australian exporters and overseas investments, and financing Commonwealth-directed transactions such as infrastructure in the Pacific.
How it came into existence
Re-established as a separate statutory corporation on 1 November 1991 under the Export Finance and Insurance Corporation Act 1991, taking over the export finance and insurance business that the Australian Trade Commission had run since 1986.
- Export finance
- Export credit insurance
- National interest transactions
Legislation: Export Finance and Insurance Corporation Act 1991
Changes during its life
- 1 July 2019Began trading as Export Finance Australia, as amendments to its Act allowed it to finance overseas infrastructure.
Main functions
- Export finance loans and guarantees
- Performance bonds and export credit insurance
- Political risk insurance for overseas investments
- Overseas infrastructure financing, including in the Pacific
- National Interest Account transactions directed by the government
- Defence export and critical minerals finance
Where it sits
In the portfolio of Department of Foreign Affairs and Trade.
- Type of body
- Corporate Commonwealth entity
- Portfolio
- Foreign Affairs and Trade
- Accountable authority
- Board – Export Finance and Insurance Corporation Act 1991 sections 6, 32 and 33, with reference to section 42(3) note (membership section 34)
- ABN
- 96 874 024 697
Lineage
Loading lineage…
Sources
Primary sources
- List of Commonwealth entities and companies under the PGPA Act, 1 July 2026 (Department of Finance) (as Export Finance and Insurance Corporation (EFIC, Export Finance Australia))
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 11 December 2014 to the latest release (30 June 2026))