Australia to announce US$3.8bil fund for major public transport projects


CANBERRA: The Australian government is expected to announce a A$5bil (US$3.8bil) fund for major public transport projects as part of its federal budget, a spending plan under more scrutiny than usual as it doubles as an unofficial election campaign launch.

Treasurer Scott Morrison, presenting his rookie budget today, faces the tough job of delivering a pro-growth, voter-friendly spending plan without any leeway to offer “big bang” reforms or significant tax giveaways.

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Business , Australia , budget

   

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