Senate debates

Wednesday, 9 September 2009

Questions without Notice

Infrastructure

2:33 pm

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

Infrastructure spending boosts the supply side of the economy, increasing the ability of the economy to grow without triggering inflationary pressures. It sets the foundation for future economic growth and productivity. The government’s infrastructure plans will allow Australians to benefit from better service delivery and higher productivity growth in future years. The global economy remains fragile, and the outlook shows there will be challenges, but we need to support jobs and growth now by investing in a new generation of prosperity built on firmer foundations than the last one. When those opposite advocated doing nothing to support the jobs of Australians in the face of the worst global recession in 75 years, this government acted quickly and decisively. (Time expired

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