Northern Australia Infrastructure Facility Annual Report 2024-25

Corporate Commonwealth Entity · Commonwealth · Published 10 November 2026

Total expenses: $18.6 million
Ongoing staff: 52

Official source

Transparency Portal data for this report (JSON)

transparency.gov.au

Published headline figures

Income statement extract

Total expenses: $18.6 million (18,562 in $'000)
Employee benefits: $12.2 million (12,199 in $'000)
Suppliers: $5.8 million (5,761 in $'000)
Revenue from government: $21.8 million (21,782 in $'000)
Own-source income: $1.6 million (1,640 in $'000)

Income statement table on the Transparency Portal (JSON)

Staff

Ongoing staff: 52 people
Ongoing staff table on the Transparency Portal (JSON)

Staff numbers are headcounts as published in the all ongoing and all non-ongoing employee tables, not full-time equivalents.

Published disclosure tables 2

Information about remuneration for key management personnel14 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for key management personnel · Licence entity-copyright

Key management personnel remuneration is reported on an accrual basis for the period each person held the role, so part-year amounts are not annual salaries.

Name	Position	Base salary	Superannuation	Long service leave	Total
Tracey Hayes	Board Chair	132,610	15,250	0	147,860
Lisa Hewitt	Boardmember & Chair Audit Committee	80,228	9,226	0	89,454
Stephen Margetic	Boardmember & Audit Committee	74,960	8,620	0	83,580
Grant Cassidy	Boardmember	65,920	7,581	0	73,501
Kate George	Boardmember	65,920	7,581	0	73,501
Vanessa Elliott	Boardmember	65,920	7,581	0	73,501
Robert Edel	Boardmember	43,727	5,029	0	48,756
Mark Gray	Boardmember & Chair Audit Committee	34,996	4,025	0	39,021
Craig Doyle	Chief Executive Officer, NAIF	490,855	53,804	11,682	556,341
Nicholas Mant	Chief Investment Risk Officer and Chief Sustainability Officer	433,797	30,306	8,940	473,043
Stephen Land	Chief Investment Officer	464,798	30,387	11,435	506,620
Chris Collins	Chief Legal Officer	363,893	30,260	9,107	403,260
Cathie McBean	Chief Strategic Policy & Engagement Officer	306,980	36,480	7,998	351,458
Alicia Tuppack	Chief Operating Officer	278,869	53,917	7,407	340,193

Information about remuneration for other highly paid staff6 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for other highly paid staff · Licence entity-copyright

Senior executive and other highly paid staff rows are bands with a count and averages, not individuals. Never multiply or add averages across bands, bodies or years.

Pay band	People	Average base salary	Average superannuation	Average long service leave	Average total
$260000 – $270000	1	229,661	27,160	5,932	Not stated
$270001 – $295000	1	247,132	28,779	6,081	Not stated
$295001 – $320000	1	267,455	32,178	7,417	Not stated
$320001 – $345000	1	299,148	34,683	8,968	Not stated
$345001 – $370000	1	312,316	38,767	7,989	Not stated
$370001 – $395000	1	342,011	30,241	8,438	Not stated