The federal government’s $42 billion Nation Building and Jobs plan is aimed at stimulating the economy and supporting up to 90,000 jobs during the next two years. It includes:
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* $14.7 billion to be invested in school infrastructure and maintenance and bringing forward funding for trade training centres.
* $6.6 billion to increase the national stock of public and community housing by about 20,000 new homes.
* $3.9 billion to provide free insulation to 2.7 million homes and solar hot water rebates.
* $890 million to fix regional roads and blackspots, to install railway boom gates and for regional and local government infrastructure.
* $2.7 billion small and general business tax break to provide deductions for some equipment purchases before the end of June 2009.
* $12.7 billion for immediate one-off payments to working Australians, families with school-age children, farmers, single income families and for those undergoing training.
