Our organisation
Working towards reducing pressure on housing affordability
NHFIC Board
The Board is ultimately responsible for the overall operation and stewardship of NHFIC and reports to the Parliament through the Assistant Treasurer and Minister for Housing (the responsible minister). In performing its role, the Board decides, within the scope of the Investment Mandate, the strategies and policies to be followed by 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 key responsibilities of the Board are:
Providing input to and approving NHFIC’s strategic direction, objectives, goals and budgets as developed by management in a manner which is at all times consistent with NHFIC’s functions under the NHFIC Act and the Investment Mandate
Directing, monitoring and assessing NHFIC’s performance against strategic and business plans, approving and monitoring expenditure and reviewing and approving the major policies of NHFIC
Identifying the principal business risks, ensuring NHFIC has in place an appropriate risk management framework and establishing the acceptable levels of risk within which the Board expects the management of NHFIC to operate
Reviewing and approving the systems of internal compliance and control, audit, risk management and legal compliance, to determine the integrity and effectiveness of those systems
Approving and monitoring material internal and external financial and other reporting and monitoring the operational and financial position and performance of NHFIC ensuring that the capital and reserves of NHFIC are sufficient to meet the likely liabilities of NHFIC and to make adequate provision for default in the repayment of principal, or in the payment of interest or other charges, in connection with loans made by NHFIC
Ensuring ethical behaviour and compliance with NHFIC’s own governing documents, including NHFIC’s code of conduct and corporate governance standards.
Further details of the responsibilities of the Board are set out in the Board Charter available here.
The Board comprises up to seven members appointed by the Treasurer.
Brendan Crotty
Chair
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 Program at the International Institute for Management Development Business School and the Strategic Use of Information Technology Program at Stanford University.
Phillip Barresi
Member
Term of appointment:
10/04/2019 - 10/04/2024
Phillip was appointed to the NHFIC Board in April 2019 bringing with him extensive national and international board and committee experience. He currently serves as a consultant and coach to senior corporate executives and directors on governance and leadership, drawing on over 40 years’ experience and knowledge.
Phillip has previously served on various boards and committees within the disability employment, aged care, youth at risk and community banking sectors. Most recently he served as the Director for Australia, New Zealand, Korea and Egypt on the Board of the European Bank for Reconstruction and Development based in London.
Phillip has held former appointments as Chief Executive Officer for both a leading energy industry association and an electricity generator industry group, as well as an appointment as the Chairman of Australia’s premier oil lubricant manufacturing and distribution company. Prior to this, Phillip served as a member of the Australian Parliament for nearly 12 years, including chairing a joint parliamentary committee with oversight of public accountants and audit. He was an advocate for tax reform, trading bloc opportunities, small business development, industrial labour relations and youth employment initiatives.
David Cant
Member
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 an independent director of PowerHousing Australia and the Community Housing Industry Association (QLD). David is Co-Chair of Under 1 Roof, a consortium of housing and homelessness organizations in Brisbane.
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 a member on the Prime Minister's Council on Homelessness from 2009 to 2013.
David holds a Bachelor of Arts (Politics and Economics) from the University of Oxford and a Masters in Philosophy (Town Planning) from University College London.
Tony De Domenico OAM
Member
Term of appointment:
10/04/2019 - 10/04/2024
Tony has over 40 years’ experience across government, corporate, community and education sectors both domestically and internationally.
Tony is currently the Chair of Abalone Victoria (Central Zone), Chair of Plastic Oceans Australasia, Director of Common Equity Housing Ltd, Director of Prahran Market, and Director and Life Member of the
Italian Chamber of Commerce. He is also a Life Member of the Urban Development Institute of
Australia, and a Corporate Life Governor of The Royal Life Saving Society (ACT).
He was previously the Executive Director of the Urban Development Institute of Australia (UDIA). Tony has been Chair of Places Victoria, Deputy Chair of Development Victoria and has also served on the Council of Latrobe University including a term as Deputy Chancellor. He was Chair of the Australian Housing and Urban Research Institute (AHURI) from 2014–2018.
Tony has extensive diplomacy experience, serving as a trade and investment diplomat based in Milan, and from 1992–1997 he was elected to the ACT Legislative Assembly where he was appointed Deputy Chief Minister, Minister for Urban Services, and Minister for Economic Development and Regulatory Reform.
He was awarded a Medal in the Order of Australia at the Queen’s Birthday Honours List in 2018 for his contribution to urban planning, research and development in Victoria.
Teresa Dyson
Member
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 and Gold Coast Hospital & Health Board. 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.
Adrian Harrington
Member
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 the Chairman of the Australian Housing and Urban Research Institute (AHURI). 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.
Kylie Rampa
Member
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. She is also a director of Lendlease Real Estate Investments Limited and Lendlease Development Pty Limited, Director and Vice President of the Property Council of Australia, Director of 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.