Progress Report released

Wednesday, 3 February 2010

Joining the Prime Minister for today’s announcement at
Garran Primary School in Canberra, was
the Hon Julia Gillard, Deputy Prime Minister,
the Hon Wayne Swan, Treasurer and
the Hon Mark Arbib, Minister Assisting the Prime Minister
for Government Service Delivery.

Garran Primary School’s new multi-purpose hall is due
for completion by the end of 2010.

The Prime Minister today welcomed the release of the Commonwealth Coordinator-General’s report into the progress of the Government’s Nation Building-Economic Stimulus Plan (the Plan).

The Progress Report outlines significant progress across the Government’s Plan - aimed at stimulating the Australian economy and supporting Australian jobs. The report states that the stimulus measures introduced by the Government have helped to soften the impact of the global recession with unemployment expected to peak around 1.5 percentage points lower than in the absence of the stimulus.

Over the 11 month period since inception, the Report states that 49,000 major construction and infrastructure projects have been approved, over 34,000 are underway and over 8,300 projects are complete. Already $25.8 billion has been paid across the Plan.

The Report highlights that 2010 will be a significant period of construction activity across Australia, after which the construction phases of the Plan will gradually withdraw into 2011 and 2012.

[Read full Progress Report here] (PDF 1.85MB)

Joining the Prime Minister for today’s announcement at Garran Primary School in Canberra, was the Hon Julia Gillard, Deputy Prime Minister, the Hon Wayne Swan, Treasurer and the Hon Mark Arbib, Minister Assisting the Prime Minister for Government Service Delivery.

Garran Primary School is one of around 9,500 schools to benefit from the Government’s stimulus funding injection. The school received $200,000 under the National School Pride (NSP) program to refurbish their existing hall into a new library, which was officially opened on 9 December 2009 and also received $3.15 million in funding under Primary Schools for the 21st Century (P21) to build a new multi-purpose hall. This new state of the art facility is due for completion by the end of 2010.

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