Senate debates

Thursday, 16 October 2008

Questions without Notice

Economy

2:04 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

Eighth, Senator Macdonald, is the $10.4 billion Economic Security Strategy announced this week, which will put cash in the pockets of low- and middle-income Australian households and generally bolster our economy against the backdrop of this global financial crisis. This stimulus package is particularly important. It covers a $4.8 billion down payment on pension reform, $3.9 billion in support payments for low- and middle-income families, $1.5 billion to help first home buyers and $187 million to fund a doubling of new training places. Further, the government is accelerating— (Time expired)

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