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December 12, 2008

Rudd foreshadows major infrastructure announcement

Prime Minister Kevin Rudd is to make a "significant" statement on the Government's infrastructure plans later today.

The Government has already flagged increased spending on infrastructure into next year in a bid to counteract the impact of the global economic crisis.

In May the Government allocated $40 billion to three infrastructure funds and in November the Government gave $300 million to councils to spend on local projects.

Full Story...

Posted by boyang at December 12, 2008 7:06 AM