The immense power and importance of Australia’s newest bank

Written By Chris

By Elizabeth Thurbon and Oliver Yates

The Australian government just established a National Development Bank. Expectations are high, but real risks remain.

On November 27, the commonwealth passed one of the most important pieces of legislation of 2023 with surprisingly little public comment. It was the National Reconstruction Fund (Investment Mandate) Direction 2023 (the NRF Act).

To read more about this landmark legislation and its impacts, read the full article at The Mandarin.

Chris
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