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ARTICLE · 29 APRIL 2009

Attractive Incentives For Businesses In Australia

In the midst of the current global economic downturn, the Australian Government is providing significant stimulus to the domestic economy by providing some attractive incentives and initiatives for businesses in Australia.

AustraliaStrategy

In the midst of the current global economic downturn, the Australian Government is providing significant stimulus to the domestic economy by providing some attractive incentives and initiatives for businesses in Australia.

These incentives and initiatives are as follows:

  • $4.7 Billion Nation Building Package

    The Government has announced a $4.7 billion nation building package to strengthen the Australian economy and create Australian jobs. The package is a timely investment in road, rail, and education infrastructure. The three key infrastructure elements in the package are to inject $1.2 billion in new funds into the Australian Rail Track Corporation, bring forward $711 million in road spending to current and next financial year, and invest $1.6 billion in critical university and TAFE infrastructure.

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