Following three years of representations by the Evidence-Based Policy Research Project, the NSW Legislative Council in May adopted

"The NRF will be an independent financier that operates commercially to deliver a positive rate of return."..."The NRF will provide a range of finance options including:> loans> equity investment> guarantees."..."It will be governed by a board who will make independent investment decisions guided by an investment mandate."The NRF will finance projects that align with the 7 priority areas to leverage Australia’s natural and competitive strengths.1. value-add in resources2. value-add in agriculture, forestry and fisheries 3. transport4. medical science5. renewables and low emission technologies6. defence capability 7. enabling capabilities."...Morehttps://bit.ly/3TE2HWJ

Speech by the Hon. Richard Marles, Minister for Defence and Deputy Prime Minister at The Sydney Institute Annual Dinner on 14 November 2022"Australia will prioritise cooperation in areas of shared interest – like combatting climate change, building health security and advancing the ASEAN Outlook on the Indo-Pacific."...SPEECHhttps://www.minister.defence.gov.au/speeches/2022-11-14/address-sydney-institute-annual-dinner-lecture...TAKEOUTShttps://bit.ly/3O7PkwN