Feb 24,(AAP)- The 75,000 jobs the government said would be created by its first economic stimulus package will flow this year, Prime Minister Kevin Rudd says.
The government outlaid $10.4 billion before Christmas on cash handouts for pensioners, carers and low-income earners, and funding an extension to the first home buyers grant scheme
"The flow-through effect on the economy will occur during the course of this year," Mr Rudd said in answer to a question from Opposition Leader Malcolm Turnbull.
"We will also see what occurs with the fourth quarter data for 2008."
The government was taking a responsible course of action.
"The alternative, as recommended by the Liberal party, is to do nothing," he said.
Source: news.smh.com.au
Tuesday, February 24, 2009
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