Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

I thank Senator Marshall for his question. All Australian businesses have benefited from the government’s actions to stabilise the financial system and to stimulate the economy. We are investing in high-quality, enduring assets that will deliver lasting benefits to the Australian community long after the global recession has passed into history. These nation-building investments are also helping to support jobs and keep businesses going through these very difficult times. We are creating jobs for today by building the infrastructure for tomorrow.

Our investments in social housing and energy efficiency and support for first home buyers are maintaining activity not only in the housing industry but also in the manufacturing and services industries that supply it. The ABS reported today that the number of new finance commitments for the construction of dwellings rose by 14 per cent in March. Our investments in economic, educational and social infrastructure are maintaining activity in construction, in engineering and throughout the built environment sector. Our cash bonuses to pensioners, students, low-income earners and families are maintaining activity in retailing and beyond. Our Green Car Plan has given new hope to workers and businesses in this cornerstone industry and to many more in other sectors who owe their livelihood to it. (Time expired)