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Tuesday, 7th July 2009

$10 Million Brought Forward To Help Act Deal With Global Economic Recession


The Rudd Labor Government has delivered more than $10 million in early Financial Assistance Grants payments to the Australian Capital Territory to help it deal with the local impacts of the global economic recession.


Details of payments to all councils and the ACT are available at www.infrastructure.gov.au/local/assistance/


This measure builds on more than $1 billion in new funding that the Government is providing to stimulate local economies through the Community Infrastructure Program.


Local communities are feeling the impacts of the global recession with rising unemployment and slowing economies.


As a result, the Australian Capital Territory has seen growing demand for community services and infrastructure.


The Rudd Government is taking decisive action to help local communities by bringing forward the 2009-10 first quarter Financial Assistance Grants.


The Australian Capital Territory will be able to spend these funds on a range of priorities including local roads, parks and pools, libraries, community centres, health and child care services.


The remaining 2009-10 Financial Assistance Grants payments will be made in the usual manner.


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Electorate Office

334a Marrickville Rd
Marrickville NSW 2204

Phone: 02 9564 3588

Parliament House Office

Parliament House
Canberra ACT 2600

Phone: 02 6277 7700

Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au

We acknowledge the traditional custodians of the land on which our offices stand and we pay our respects to Elders past, present and emerging. We acknowledge the sorrow of the Stolen Generations and the impacts of colonisation on Aboriginal and Torres Strait Islander peoples. We also recognise the resilience, strength and pride of the Aboriginal and Torres Strait Islander communities.

Authorised by Anthony Albanese. 334a Marrickville Rd, Marrickville NSW 2204.

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