By Gemma Daley

Sept. 29 (Bloomberg) -- Australian is not looking to borrow to fund new projects and will use budget surpluses to build roads and ports, Prime Minister Kevin Rudd said.

The government has A$12.6 billion ($10.5 billion) allocated to the Building Australia Fund and will use the 2008-09 budget surplus for the remainder.

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Posted by boyang at September 29, 2008 9:36 AM