Australian Coat of Arms

Member for Blaxland

Shadow Minister for Trade and Investment

Shadow Minister for Resources and Northern Australia 

NAIF Board Living Large Off Taxpayers

The Turnbull Government is paying the Northern Australia Infrastructure Facility’s (NAIF) Board more than half a million dollars a year and they are yet to make a decision or invest a single dollar on job generating infrastructure projects in Northern Australia.

On Thursday night in Senate Estimates, the Turnbull Government was forced to reveal that the board has only met four times since the NAIF was first announced two years ago.

Members of NAIF board

Annual Pay

 

NAIF Projects Funded

NAIF Funding issued

Sharon Warburton - Chair

$146,960

 

 

 

Barry Coulter

$43,825

 

 

 

Justin Mannolini

$63,840

 

 

 

Khory McCormick

$56,150

 

 

 

Sally Pitkin

$63,840

 

 

 

Bill Shannon

$71,520

 

 

 

Karla Way-McPhail

$56,150

 

 

 

Audit Committee Chair Bonus

$15,370

 

 

 

Audit Committee Bonus

$7,690

 

 

 

Chairperson bonus

$34,000

 

 

 

TOTAL PAY

$559,345

 

TOTAL

$0

The Chair of the NAIF board, Sharon Warburton receives a bonus $34,000 a year.

Despite being announced almost two years ago, the $5 billion NAIF has failed to provide a single cent to job-delivering infrastructure projects in the north.

Previously, David Byrne former NAIF CEO pocketed $122,112 for four months work.

This just shows how out of touch Malcolm Turnbull is and how backwards his Government’s priorities are, the NAIF has committed more money to executive salaries than it has on job generating infrastructure.

Once again Australians in the north have been left waiting by a Government more focused on playing Canberra games than on building a north we can all be proud of.

MONAY 06 MARCH 2017

MEDIA CONTACT: KORENA FLANAGAN 02 9790 2466