Northern Australia Infrastructure Facility Annual Report 2025-26

Corporate Commonwealth Entity · Commonwealth · Published 27 October 2026

Total expenses: $19.7 million
Ongoing staff: 56

Official source

Transparency Portal data for this report (JSON)

transparency.gov.au

Published headline figures

Income statement extract

Total expenses: $19.7 million (19,653 in $'000)
Employee benefits: $13.4 million (13,371 in $'000)
Suppliers: $5.5 million (5,478 in $'000)
Revenue from government: $22 million (21,987 in $'000)
Own-source income: $1.5 million (1,544 in $'000)

Income statement table on the Transparency Portal (JSON)

Staff

Ongoing staff: 56 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	135,800	16,296	0	152,096
Lisa Hewitt	Boardmember & Chair Audit Committee	86,020	10,322	0	96,342
Stephen Margetic	Boardmember & Audit Committee	76,770	9,212	0	85,982
Robert Edel	Boardmember & Audit Committee	76,770	9,212	0	85,982
Grant Cassidy	Boardmember	67,510	8,101	0	75,611
Vanessa Elliott	Boardmember	67,510	8,101	0	75,611
Kate George	Boardmember	50,632	6,076	0	56,708
Neil MacDonald	Chief Executive Officer, NAIF	169,857	19,068	2,977	191,902
Stephen Land	Chief Investment Officer	492,951	30,286	11,892	535,129
Christopher Collins	Chief Legal Officer	387,427	30,258	9,654	427,339
Catherine McBean	Chief Strategic Policy & Engagement Officer	351,294	30,200	8,318	389,812
Raveen Sritharan	Chief Risk Officer	349,134	27,325	7,282	383,741
Alicia Tuppack	Chief Operating Officer	303,191	57,708	7,703	368,602
Craig Doyle	Chief Executive Officer, NAIF	275,158	38,583	7,788	321,529

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
$265000 – $275000	2	236,214	28,557	6,207	Not stated
$275001 – $300000	1	249,631	30,180	6,324	Not stated
$300001 – $325000	1	266,250	31,237	6,629	Not stated
$350001 – $375000	2	313,304	34,010	7,821	Not stated
$375001 – $400000	1	331,554	38,679	7,813	Not stated
$400001 – $425000	1	367,503	30,211	8,775	Not stated