House debates

Wednesday, 7 October 2020

Matters of Public Importance

Budget

3:38 pm

Photo of Andrew GeeAndrew Gee (Calare, National Party, Minister for Decentralisation and Regional Education) Share this | Hansard source

They're probably talking about how bad it was during those Keating and Hawke years with the 17 per cent mortgage rates. They know how bad it was. Back to the instant asset write-off. The member for Fisher remembers! The instant asset write-off is really going to turbocharge investment right across Australia, particularly in country Australia where it's been very warmly received. My office has already had some very encouraging messages. I've had people texting me saying, 'That is a game changer for country Australia!'

The manufacturing policy, targeting areas such as food processing, is so important in central western New South Wales and great cities like Bathurst and the Cabonne area. It is the food basket of this nation. There'll be a huge turbocharging of infrastructure. There'll be a further $14 billion in new and accelerated infrastructure projects, which will support a further 40,000 jobs, including the famed crossing at Dixons Long Point—$9.8 million. They've been trying to get that up for 160 years. Australians know who to trust with the economy, and they can place their trust in us and be assured that we'll get them through. (Time expired)

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