The central task of the 2009-10 Budget is nation building for recovery.
The 2009-10 Budget supports jobs today by investing in the infrastructure that Australia needs for tomorrow.
Key elements include:
- Investing in a $22 billion Nation Building Infrastructure centrepiece, which provides funding for roads, metro rail, ports, the Clean Energy Initiative, universities, research, hospitals and broadband.
- Delivering an increase for single and couple pensioners and carers, boosting innovation funding, introducing a statutory paid parental leave scheme, extending the First Home Owners Boost and providing a Small Business Tax Break.
- Taking the hard decisions necessary to make the Budget sustainable, and to chart the course back to surplus.