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Federal Budget supports regional Australia
Published: 13/5/08
Contact: David Murray
Deloitte
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Contact: Jane Kneebone
Deloitte
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The Rudd government’s focus on supporting regional investment and job creation is evidenced by a number of initiatives announced in the Federal Budget according to Lead Partner of Deloitte Growth Solutions David Murray.

“Projects included are in Tasmania and the Northern Territory. Tasmania will benefit from $104 million towards road, bridge and rail projects with 50% of the expenditure earmarked to construct and maintain Tasmania’s 846 kilometres of roads. In the NT, $78m will be expended on similar projects with $42m directed to construction and maintenance of the NT’s 2,652 kilometres of roads.

There is a further $176 million directed to a Regional and Local Community Infrastructure Programme targeted at revitalizing main streets, community centres and sport and recreational centres throughout regional Australia.

“This commitment to develop community and infrastructure across regional areas should enhance the quality of life in those areas while also contributing to local businesses growth and employment,” said Mr Murray.

“Our regional towns and cities will now be provided with growth opportunities as businesses should benefit from the inflow of funds and new infrastructure.”

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Page Last Updated: 14 May 2008
Source: Deloitte Touche Tohmatsu - Australia (English)

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