National Reconstruction Fund
The banking veteran said 2026 will be a "year of delivery" where more stakeholders will understand "why the NRF has been put in place".
Gilmour Space’s $217 million Series E puts the National Reconstruction Fund back in focus, even as debate continues over risk, returns and long-term direction.
The raise for the space tech startup exceeded its initial $150 million target, drawing follow-on investment from a slew of superannuation funds.
Stakeholders are concerned the NRF is straying from its mission of attracting investment in innovative companies trying to scale new technologies.
From critical minerals to clean energy, the National Reconstruction Fund will be key to building a stronger, more resilient Australian economy.
Australia’s venture sector is undercapitalised despite strong performance. Smarter super rules and investment structures can change the equation.
Australia's National Reconstruction Fund has invested $150 million in venture capital firm Brandon Capital in a bid to stop promising biotech companies from moving offshore.
CEO David Gall said the fund can triple its investment target to $1.5 billion next year while delivering emergency loans to industries hit by market disruption.
The Albanese government has instructed the $15 billon National Reconstruction Fund to put national interest over short-term returns amid scrutiny of its risk appetite.
An investigation following a whistleblower complaint has dismissed most allegations aside from procedural failures relating to document handling and record keeping.
The National Reconstruction Fund Corporation's C-suite is changing, with its chief people officer departing and a new chief risk officer appointed.
The industry minister defended the National Reconstruction Fund after the opposition called its lack of a formal investment strategy “deeply concerning”.