Prime Minister Kevin Rudd has delivered an Address to the Nation, following the announcement of the government’s second stimulus package.
Rudd and Treasurer Wayne Swan today announced a $42 million package of measures in response to the global financial crisis. The measures include a one-off $950 cash bonus to individuals. A home insulation program will be introduced, as will a program of new and upgraded buildings in schools, to be called Building the Education Revolution. There will be a black spots, boom gates, regional roads and community infrastructure program.
Listen to Rudd’s Address to the Nation (4m)
Transcript of Prime Minister Kevin Rudd’s Address to the Nation.
Good evening, in the last three months, the global financial crisis has deteriorated dramatically.
We now face a global economic recession – with a massive impact on jobs right across the world.