About Us

Working towards reducing pressure on housing affordability

The National Housing Finance and Investment Corporation (NHFIC) is a key part of the Australian Government’s Reducing Pressure on Housing Affordability plan, announced in the 2017-2018 Federal Budget. This plan aims to make a positive difference to Australians from across the housing spectrum – from those struggling to put a roof over their head and those in affordable housing, to private renters and first home buyers.

Our mission

NHFIC’s mission is to improve housing outcomes by reducing pressure on housing affordability.

We aim to do this by:

  • strengthening efforts to increase the supply of housing
  • encouraging investment in housing (particularly in the affordable housing sector)
  • providing loans, grants and investments that complement, leverage or support Commonwealth, state or territory activities relating to housing
  • contributing to the development of the scale, efficiency and effectiveness of the community housing sector.

How we operate

NHFIC was established by the Australian Government under the National Housing Finance and Investment Corporation Act 2018 (NHFIC Act).

The NHFIC Act:

  • Provides the NHFIC Board with statutory responsibility for deciding the NHFIC's strategies and policies, and ensuring the proper, efficient and effective performance of NHFIC’s functions. The Board makes its investment decisions independently of government.
  • Provides for the appointment of the NHFIC Chief Executive Officer, who is responsible for the day-to-day administration of NHFIC, subject to and in accordance with the policies determined by the Board.
  • Requires the NHFIC Board to ensure that NHFIC maintains commercially sound and sufficient levels of capital and reserves.
  • Allows the NHFIC to borrow money (supported by a Commonwealth guarantee).

Under the Public Governance, Performance and Accountability Act, NHFIC is classified as a corporate Commonwealth entity being a body corporate that is legally separate from the Commonwealth. 

Our investment mandate

NHFIC operates under an Investment Mandate set out by the Australian Government. The Investment Mandate provides guidance to our Board on:

  • NHFIC’s investment functions, including the eligibility criteria
  • the strategies and policies to be followed for the effective performance of the NHFIC’s functions
  • general governance matters.

The current NHFIC Investment Mandate Direction took effect on 3 July 2018.

Our organisation

Nathan Dal Bon


Nathan has over 20 years’ experience in economic policy and advising across Government.

In his previous role as a Senior Commonwealth Treasury official, he led the Treasury team that worked extensively on the establishment of the NHFIC and has been NHFIC’s interim CEO since September 2018.

Nathan has held senior executive roles in the Commonwealth Treasury, the Department of Industry, Innovation and Science, and the Department of Foreign Affairs and Trade.

Nathan holds a Master in Public Administration from Harvard University and a Bachelor of Economic (Hons) degree from the University of Newcastle.


Our Board

The NHFIC Board is responsible for our corporate governance and operations. In performing its role, the Board decides, within the scope of the Investment Mandate, the strategies and policies to be followed by the NHFIC, it monitors compliance with those strategies and policies, defines our risk appetite, makes financing decisions and otherwise ensures the proper, efficient and effective performance of our functions.

The Treasurer and the Minister Assisting the Treasurer are responsible for the NHFIC. The Board comprises of up to seven members. Five board members have been appointed by the Treasurer to date.

Brendan Crotty


Term of appointment: 19/07/2018 – 18/07/2021

Brendan was appointed as NHFIC Board Chair in July 2018. He brings to NHFIC extensive property industry expertise, including 17 years as the Managing Director of Australand Property Group from 1990 to 2007, followed by 10 years as Chairman of Western Sydney Parklands Trust. Brendan is also currently a director of Brickworks Limited and Dennis Family Holdings.
Most recently Brendan retired as director of General Property Trust and the Macquarie University Council.

Brendan holds Post Graduate Diplomas in Town and Country Planning (Queensland Institute of Technology) and Business Administration (Macquarie University). He has completed the Advanced Management Programme at IMD Business School and the Strategic Use of Information Technology Programme at Stanford University.

Adrian Harrington


Term of appointment: 26/07/2018 – 25/07/2023

Adrian has more than 25 years of experience in the funds management and real estate industries. Adrian is currently the Head of Capital and Product Development at Charter Hall and a Non-executive Director of the Australian Housing and Urban Research Institute. Adrian chaired the Construction Forecasting Council from 2014-2017. Adrian was formerly Head of Funds Management at Folkestone from 2011-2018, CEO, Funds Management, UK and USA for Mirvac Group from 2007-2008 and CEO of Mirvac's Funds Management business in Australia between 2005 and 2007.

Adrian holds a Bachelor of Science (Hons) from the University of New South Wales, a Graduate Diploma in Applied Finance and Investment from the Financial Services Institute of Australasia and is a Graduate of the Australian Institute of Company Directors.  Adrian is a Fellow of the Financial Services Institute of Australasia. 

Teresa Dyson


Term of appointment: 26/07/2018-25/07/2023

Teresa is an experienced Company Director, Chair and a Senior Taxation lawyer with over 20 years’ experience advising on infrastructure transactions, financing, corporate tax, mergers and acquisitions, the not-for-profit sector, and tax controversy matters.

Teresa is currently a director on the boards of Genex Power Ltd, Power & Water Corporation, Seven West Media Ltd, Energy Super, FARE, Energy Queensland Ltd, Gold Coast Hospital & Health Board, UN Women National Committee of Australia, Opera QLD Ltd, Gritem Superannuation Pty Ltd (SMSF Trustee), and Gritem Pty Ltd. Teresa is also a member of the Takeovers Panel and the Foreign Investment Review Board. Teresa has formerly served as the Chair of the Law Council of Australia, Business Law Section and has also been a Partner at Deloitte and Ashurst (formerly Blake Dawson). She is a former Chair and member of the Board of Taxation.

Teresa holds a Bachelor of Arts, Bachelor of Laws (Hons) and Master of Taxation from the University of Queensland, a Master of Applied Finance from Macquarie University, and is a Graduate of the Australian Institute of Company Directors. Teresa has been admitted as a solicitor in NSW, VIC, QLD and to the High Court of Australia.

David Cant


Term of appointment: 26/07/2018 – 25/07/2021

David has over 40 years of experience in providing housing for those on low incomes.  David is currently a Director of PowerHousing Australia, a peak body representing the largest 31 community housing providers.  David was the inaugural CEO at Brisbane Housing Company from 2002-2017, which is now one of the largest registered community housing providers in Queensland. David was also a member on the Prime Minister's Council on Homelessness in 2009.

David holds a Bachelor of Arts (Politics and Economics) from the University of Oxford and a Masters in Philosophy (Town Planning) from the London Business School.

Kylie Rampa


Term of appointment: 26/07/2018 – 25/07/2023

Kylie has over 25 years of experience in the Australian and global real estate sectors. Kylie is currently the CEO Property, Australia for the Lendlease Group. Kylie is also a director of Lendlease Real Estate Investments Limited and Lendlease Development Pty Limited, Deputy Chair of the Green Building Council of Australia, Director and Vice President of the Property Council of Australia, Director of the Committee for Sydney and the Sydney Opera House Trust as well as Chair of the Building and Heritage Committee.  Prior to her role as CEO Property, Australia, Kylie was Managing Director of Lendlease Investment Management and has held other senior positions with the Gandel Group, Macquarie Group, AMP and Schroders.

Kylie holds a Bachelor of Business from the Queensland University of Technology.

NHFIC Corporate Plan

Click here to access the NHFIC Corporate Plan

NHFIC Board Charter

Click here to access the NHFIC Board Charter.

NHFIC Audit and Risk Committee Charter

Click here to access the NHFIC Audit and Risk Committee Charter.

NHFIC Credit Committee Charter

Click here to access the Credit Committee Charter.

Senate Order on Government agency contracts

Click here to access the NHFIC contracts listing.