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CEO: Chief Embezzlement Officer.
Training, nation-building
As indicated in recent days, the Government plans to accelerate its so-called nation building efforts to stoke domestic demand, taking up some of the slack as consumers and businesses cut back spending.
Ministers will bring forward their interim infrastructure report so that work can start in 2009 in the key areas of education and research, health and hospitals, and transport and communications, Mr Rudd said today.
The Government will be seeking pre-referral of the legislation for the nation building funds into a Senate committee this week.
As part of today's extra outlays, the Government will spend $187 million to create an extra 56,000 training places this financial year.
The ''productivity places program'' will be doubled from 57,000 to 113,000 places, taking the Government investment in training places since April to more than $400 million, Mr Rudd said.
Emissions trading
The federal government is sticking to its plan to start emissions trading in 2010, despite global financial turmoil.
''Our ambition remains 2010,'' Mr Rudd said. ''Climate change is not going to go away.''
''The long-term economic cost to the entire economy, and to the entire global economy, of not acting on climate change remains formidable.''
Business wanted consistency and predictability in the area of emissions trading, Mr Rudd said, adding that it was important to get the scheme's design and rules right, and to map it out early.
The federal opposition and some business figures have called for emissions trading to be delayed in the wake of the crisis.
The opposition says 2011 or 2012 would be a better time to introduce the scheme.
BusinessDay with AAP, Reuters
Alright. Readers can tell from a previous blog post that I had big issues with Mark Driscoll from his men’s talk last Thursday. The talk did bring out the worst in me – I reacted in an extreme manner & some readers who know me personally might have seen my “unpleasant side”. Well, a few days have gone, the dust has settled, & at this stage, I still stand by much of the views that I aired.