Tuesday 12 May 2009

2009-10 Australian Commonwealth Budget Overview: key initiatives and document links

KEY INITIATIVES OF THE 2009‑10 BUDGET

  • $3.4 billion for roads
  • $4.6 billion for metro rail
  • $389 million for ports and freight infrastructure
  • $4.5 billion for the Clean Energy Initiative, which includes $1.0 billion of existing funding
  • $2.6 billion in projects focused on universities and research from the Education Investment Fund
  • $3.2 billion in projects focused on hospitals and health infrastructure from the Health and Hospitals Fund
  • Partnering with the private sector to build the $43 billion National Broadband Network
  • A pension increase of $32.49 per week for singles and $10.14 per week combined for couples on the full rate
  • A crucial boost of $2.7 billion in funding for tertiary education, research and innovation
  • $1.5 billion for the Jobs and Training Compact, providing education and services to support young people, retrenched workers and local communities
  • A 50 per cent Small Business Tax Break for eligible assets
  • Extending the First Home Owners Boost for an extra 6 months

Budget Overview 473KB

Budget Overview is an overview of key budget aggregates and the Government's budget priorities.

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