What the budget means for Infrastructure
Roads are the major focus within the infrastructure segment taking a 95% share of commonwealth grants over the next five years.
Overall infrastructure received little attention in this year’s budget. Northern Australia will see significant works take place with the intention to underpin further agricultural development in the region. For further information read the NAB fact sheet on infrastructure.
To find out what it means for infrastructure, download the fact sheet:
For more Federal Budget insight and analysis, visit our Federal Budget hub
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Business View Connect is NAB’s online source of economic updates, business trends and case studies specifically for small to medium enterprises. We draw on insights from NAB’s economists and a range of Australian business experts so you’re armed with the tips you need to help your business succeed. Regular topics include cash flow, business planning and wealth management.
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