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Building, supporting and growing the territory.



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M e d i a R e l e a s e THE HON. WARREN SNOWDON MP Federal Member for Lingiari 3rd February 2009 BUILDING, SUPPORTING & GROWING THE TERRITORY The Rudd Government’s $42 billion Nation Building and Jobs Plan, announced by the Prime Minister in Canberra today, delivers welcome investment in Northern Territory infrastructure and jobs. Member for Lingiari, the Hon. Warren Snowdon MP said the Plan will deliver $28.2 billion in direct investment in schools, housing, roads and other essential local infrastructure. “Every one of our 123 primary schools will have capital funding for essential new buildings and upgrades,” said Mr Snowdon. “Our drought stricken farmers in the Centre will receive a Hardship payment of $950, while up to 6,748 students and people looking for work will receive a Training and Learning Bonus of $950 to support their study costs. “Eligible families will be able to install insulation in the family home for free or apply for a rebate of up to $1600 for solar hot water. People whose taxable income was less than $100,000 in 2007-08 will receive up to $950. “And there will also be a Back to School Bonus of $950 to help 9856 Territory families with the costs of kids returning to school,” said Mr Snowdon. “These bonuses should provide an immediate injection into our NT economy and support Australian jobs in the near-term.” Nationwide the Plan will provide $12.7 billion in direct payments to low and middle income earners and a $2.7 billion temporary tax rebate expansion for small business to encourage private sector investment. “It is not a silver bullet but in these tough economic times this plan strikes the right balance between supporting growth and jobs now, and delivering the investments needed to strengthen the outback Territory economy into the future,” said Mr Snowdon. The Nation Building and Jobs Plan continues the Rudd Government’s decisive action in the face of a worsening global crisis that has already seen the United States, the United Kingdom, Germany and Japan fall into recession. Media Contact: Kate Sieper 0488 484 689