Industry, science & resourcesStatutory authorityExists today
National Reconstruction Fund Corporation
NRFC
18 September 2023 – present
Corporate Commonwealth entity that invests up to $15 billion through loans, equity and guarantees to diversify and transform Australian industry and manufacturing in priority areas.
How it came into existence
Established under the National Reconstruction Fund Corporation Act 2023, which commenced in 2023, as a new independent investment corporation; it began operating with its board and investment mandate in September 2023.
Legislation: National Reconstruction Fund Corporation Act 2023
Main functions
- Investment in Australian manufacturing and industry
- Loans, equity and guarantees in priority sectors
- Investment in renewables and low emissions technologies
- Support for medical, defence, transport and value-adding resources manufacturing
Where it sits
In the portfolio of Department of Industry, Science and Resources.
- Type of body
- Corporate Commonwealth entity
- Portfolio
- Industry, Science and Resources
- Accountable authority
- Board of the Corporation – National Reconstruction Fund Corporation Act 2023 section 16, with reference to section 26 note
- ABN
- 64 163 995 623
Lineage
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Sources
Primary sources
- List of Commonwealth entities and companies under the PGPA Act, 1 July 2026 (Department of Finance)
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 30 September 2023 to the latest release (30 June 2026))