Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

These funds have been established to enable investment in infrastructure that will modernise and reinvigorate the Australian economy. The government will invest $20 billion in a new Building Australia Fund to finance investment in critical infrastructure across the nation: roads, rail, ports—isn’t that right, Senator Sherry? The government will invest $11 billion in a new Education Investment Fund, which will provide a financing source for infrastructure priorities in the higher education and vocational training sectors. The government will invest $10 billion in a new Health and Hospitals Fund to finance improvements to hospitals and the healthcare system. (Time expired)