Regional Investment Corporation

​​Media release

The Australian Government is establishing the Regional Investment Corporation (RIC) to deliver up to $2 billion in Commonwealth farm business concessional loans and the $2 billion National Water Infrastructure Loan Facility.

The RIC will streamline the administration of farm business loan arrangements to ensure they are delivered in a nationally consistent and efficient manner.

On 14 June 2017, the Australian Government introduced legislation to establish the RIC as a corporate Commonwealth entity.

The RIC will be established in Orange, NSW.

RIC Board

The RIC will be a corporate Commonwealth entity with an independent Board consisting of a part-time Chairperson and two part-time Board members. The Board’s role will be to ensure the proper, efficient and effective performance of the RIC’s functions.

The government is seeking expressions of interest for a part-time Chairperson and two part-time Board members.

Position Details

Applicants should have high level skills and experience relevant to the work of the RIC. Areas of particular interest include:

  • agribusiness and understanding financial viability of businesses within the agricultural sector
  • banking and finance
  • water infrastructure planning and financing
  • issues facing rural industries and communities in Australia.

Appointments are likely to commence in late 2017. Remuneration and allowances will be determined by the Australian Government Remuneration Tribunal.

How to apply

Expressions of interest – including a short statement of relevant experience and a CV – should be submitted by 5pm AEST, 23 June 2017 to RIC Appointments

More information

For more information on the positions please review the Candidate Information Pack.


DocumentPagesFile typeFile size
RIC Candidate Information Package4PDF573 KB
RIC Candidate Information Package4Word77 KB

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