Sunday 14 January 2024

Australia news live: Sydney records wettest 24 hours since last April; 11-year-old dead after Echuca crash

Police say exact circumstances surrounding crash yet to be determined. Follow the day’s news live

PM says $15bn reconstruction fund is ‘open for business’ despite inability to apply for it

The prime minister was asked why the $15bn national reconstruction fund is “taking so long”, having passed through the parliament in March last year and being brought into effect in July.

Whether the website is there or not, is it is an interesting point that you’re making, but businesses that are interested in this would have looked at a video from the finance minister Kate Gallagher in November, that set out the investment mandate that was agreed to by the government and the National Reconstruction Fund, which importantly, is an independent body at arm’s length in terms of making those decisions because we want those decisions.

The money is available now.

I’ll examine the issue of the website, that is a reasonable point that you make. But people who are actually following this and interested in applying will have seen Katie Gallagher’s release setting out what the what the process is.

At a time when members of the Australian community are unhoused as a result of fire, as a result of flood, it seems unacceptable … that we could be giving large benefits to those who already have a great deal.

… inequality is an issue and the government has looked at ways in which we can improve that position.

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from World news | The Guardian https://ift.tt/xbpKRt8

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