Senate debates
Thursday, 15 May 2008
Questions without Notice
Budget
2:46 pm
Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source
These funds have been established to enable investment in infrastructure that will modernise and reinvigorate the Australian economy. The government will invest $20 billion in a new Building Australia Fund to finance investment in critical infrastructure across the nation: roads, rail, ports—isn’t that right, Senator Sherry? The government will invest $11 billion in a new Education Investment Fund, which will provide a financing source for infrastructure priorities in the higher education and vocational training sectors. The government will invest $10 billion in a new Health and Hospitals Fund to finance improvements to hospitals and the healthcare system. (Time expired)
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