Ministerial Brief Relating To The National Reconstruction Fund.

Written by Claude Haiku 4.5 from the extracted text on 27 Feb 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

This ministerial submission from May 2025 briefed the Minister for Industry and Innovation and Minister for Science on delivery of the National Reconstruction Fund (NRF) and the Economic Resilience Program. The brief clarified ministerial and departmental roles: the Minister and Finance Minister jointly oversee the NRF Corporation (NRFC), with the Minister holding additional responsibilities for Board appointments, Special Account drawdowns, and investment announcements. The Department of Industry, Science and Resources (DISR) maintains policy ownership of the NRF's legislative framework and provides support on legislative changes, budget requests, and public communications. The submission sought ministerial direction on next steps, including issuing a joint Statement of Expectations with the Finance Minister to strengthen government policy intent guidance to the NRFC. Attached materials included an overview of roles and responsibilities, current issues, early opportunities, and design planning for the Economic Resilience Program.