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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.

The Nation Building - Economic Stimulus Plan will help Australia's economic growth by providing major new funding for individual initiatives such as first home owners grants and solar hot water rebates; capital works programs including new science and language centres in 500 Australian schools; and significant infrastructure projects such as road and rail upgrades.

Many of the programs funded by the Nation Building - Economic Stimulus Plan are being administered by the Department of Transport, Infrastructure, Regional Development and Local Government. These include:

  • $711 million in funding has been brought forward as part of the Nation Building - 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. Over 230 projects have been completed.

  • The Government provided 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. As of 30 June 2010, nine projects have been completed, six projects underway and two in the planning and development stage.

  • 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.

  • $250 million has been allocated to Community Infrastructure Program projects and a further $550 to Community Infrastructure Program Strategic Projects as part of two funding packages announced in November 2008 and February 2009.

  • The Australian Government has allocated $195 million to the East Kimberley Development Package under the Nation Building - Economic Stimulus Plan.

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.

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Last Updated: 9 August, 2010