Billions of dollars for water infrastructure, and an extended instant asset write-off to help rural Australia lead the country out of the COVID-19 recession feature in the Federal Budget.
until June 2022, so that almost all business with a turnover of up to $5 billion are now eligible.
That brings the total fund — which fast-tracks projects such as dams, weirs, pipelines, and water recycling plants by helping states and territories pay for them — to $3.5 billion. The Budget shows almost $50 million was spent on round one of the program, which was expected to deliver 40 gigalitres.Exports drive streamlined in Budget
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