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You are here: Home Archive 2010 May Weekly Edition 20th May 2010 Welcome to infrastructure bias in new Federal Budget

Welcome to infrastructure bias in new Federal Budget

by Rob McKay last modified May 26, 2010 10:18 AM

WHILE viewed mostly as a holding Budget, the various industry bodies were as one in welcoming infrastructure making a more concrete appearance in federal spending intentions generally and, more specifically, spending on Sydney’s Moorebank intermodal hub.

The Federal Government said the move would make infrastructure spending “a permanent feature of Commonwealth and state budgets”, with $5.6bn to be spent over 10 years through the establishment of a new infrastructure fund.
“Funding will be distributed in a...

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