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ARTICLE · 22 MAY 2014

Getting Australia moving - Infrastructure Growth Package

This package is being touted as a much-needed benefit of the re-introduction of indexation of the fuel tax excise.

AustraliaGovernment, Public Sector
Michael Tooma (Formerly With Norton Rose Fulbright Australia)
Michael Tooma (Formerly With Norton Rose Fulbright Australia)
Ben Allen (Formerly With Norton Rose Fulbright Australia)
Ben Allen (Formerly With Norton Rose Fulbright Australia)
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The $11.6 billion Infrastructure Growth Package, including a $5 billion Asset Recycling Initiative (see below), has a large focus on big road projects in NSW, Victoria and WA and is being touted by the government as a much-needed benefit of a controversial revenue raising budget measure – the re-introduction of indexation of the fuel tax excise. This is part of the federal government's commitment to spend $50 billion over seven years on transport infrastructure.

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