Jump to Content

Nation Building—Economic Stimulus Plan

The Australian Government’s December 2008 and February 2009 announcements were designed to provide strong and decisive action to support jobs and insulate the Australian economy from the worst of the global downturn. These announcements, collectively known as The Nation Building—Economic Stimulus Plan (NB-ESP), make an unprecedented investment in Australia’s long-term infrastructure needs and provide the jobs and capital funding to keep Australia’s economy running.

Many of the programs funded by the Nation Building—Economic Stimulus Plan are being administered by the Department of Infrastructure and Transport. These include:

  • $711 million in funding has been brought forward as part of the Nation Buildingmdash;Economic Stimulus Plan to accelerate 14 road projects.

  • As part of the Nation Building—Economic Stimulus Plan, the Australian Government has provided $150 million in funding for the installation of some 300 new boom gates and other active safety measures at high-risk rail crossings across Australia.

  • The Government provided an Equity Injection of $1.2 billion for the Australian Rail Transport Corporation (ARTC) to improve freight and passenger transport on the nations railways. Seventeen projects were identified for implementation under the NB-ESP.

  • Funding of $150 million has been allocated as part of the Nation Building—Economic Stimulus Plan for safety improvement projects under the Black Spot Program.

Nation Building—Economic Stimulus Plan project lists


Economic Stimulus Plan logo www.australia.gov.au/economicstimulus keeps Australians informed about the Australian economy and the Australian Government’s early and decisive action to cushion the nation from the worst of the global financial recession. The website provides information and updates on the progress of the $42 billion Nation Building—Economic Stimulus Plan.

Get Acrobat ReaderPDF: In order to download or print PDF versions of documents, you need to have Adobe Reader installed. If you do not have Adobe Reader installed, download the installer from the Adobe Reader web page and then install the Reader before continuing.

Disclaimer: The compatible application(s) listed above are examples only. The Department of Infrastructure and Transport does not endorse any particular software developer or specific application.


Print 
Last Updated: 17 January, 2012