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  • Northern Australia Infrastructure Facility Bill 2016

    Track (What's this?)

    Date
    17 Mar 2016 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Industry, Innovation and Science 
    Summary
    Introduced with the Northern Australia Infrastructure Facility (Consequential Amendments) Bill 2016, the bill establishes the Northern Australia Infrastructure Facility and a Board of the Facility to make investment decisions for the facility; and provides up to $5 billion in concessional finance over five years to provide financial assistance to state and territory governments to develop economic infrastructure in the Northern Territory and northern parts of Western Australia and Queensland. 

    Bill | Explanatory Memorandum

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What is a bill?

A bill is a proposal for a law or a change to an existing law. A bill becomes law (an Act) when agreed to in identical form by both houses of Parliament and assented to by the Governor-General.

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