Tuesday, February 3, 2009

Australia unveils stimulus package


Australia unveils stimulus package
03-02-2009

The Australian government has unveiled a major new stimulus package to try to shield the economy from the global downturn. The measure -- worth US$26 billion -- comes on top of an earlier stimulus package announced late last year. It involves building thousands of new houses, and environmentally friendly measures including providing householders with free home insulation.

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