The National Reconstruction Fund Corporation (NRFC) is a corporate Commonwealth entity established by the Australian Government under the National Reconstruction Fund Corporation Act 2023(Opens in a new tab/window) (NRFC Act). The object of the NRFC Act is to facilitate increased flows of finance into priority areas of the Australian economy.  

Statutory appointments and organisational structure 

The NRFC is governed by an independent board appointed by the Minister for Industry and Science and the Minister for Finance. 

Find out more about our board.

Our chief executive officer (CEO) is responsible for the day-to-day administration of the NRFC. The CEO is appointed by the board after consultation with relevant ministers. 

Find out more about our CEO Ivan Power.  

Read about our governance framework