The Rudd Government’s $42 billion Nation Building and Jobs Plan, announced by the Prime Minister in Canberra this week, delivers a welcome investment in local infrastructure and supports jobs in Page, local MP Janelle Saffin said.
The plan will deliver $28.8 billion in direct investment in schools, housing, roads and other essential local infrastructure.
It will also provide $12.7 billion in direct payments to low and middle income earners and a $2.7 billion temporary tax rebate expansion for small business to encourage private sector investment.
Ms Saffin said that, in Page, this means:
- Every one of our 84 primary schools, special schools and K-12 schools will have capital funding provided for essential new buildings and upgrades;
- Eligible families will be able to install insulation in the family home for free or apply for a rebate of up to $1600 for solar hot water.
- 11,476 families will receive a Back to School Bonus of $950 to help with the costs of kids returning to school
- Up to 6558 students and people looking for work will receive a Training and Learning Bonus of $950 to support their study costs
- People whose taxable income was less than $100,000 in 2007-08 will receive up to $950.
“These are tough economic times and this plan strikes the right balance between supporting growth and jobs now, and delivering the investments needed to strengthen the economy for the long term,’ Ms Saffin said.
“The Nation Building and Jobs Plan continues the Rudd Government’s decisive action in the face of a worsening global crisis that has already seen the United States, the United Kingdom, Germany and Japan fall into recession.
“The dramatic slowing of growth in China has led to the unwinding of the mining boom, with major consequences for Australian revenues, growth and jobs.
“That’s why this decisive action by the Rudd Government is so critical for supporting economic growth and Australian jobs.
“It remains the case that Australia is better placed than most countries to respond to this crisis, and we need to work co-operatively to get through it.”