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Stimulus will create 80,000 jobs: Swan

Federal Treasurer Wayne Swan has said the government’s stimulus package will help to create 80,000 new jobs over the next decade.

Mr Swan said that over $52 billion of stimulus the government has pumped into the economy could deliver workers an extra $100 billion in earnings over the next 10 years.

The Treasury has estimated the stimulus packages would also prevent an extra 210,000 people losing their jobs.

“Our stimulus is world’s-best practice. Australia is going forwards while almost all the other advanced economies are going backwards,” said Mr Swan.

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Jessica Stanic

Jessica Stanic

Jessica has a background in both marketing and journalism and is dedicated to making the website the leading online resource for small to medium businesses with ambitions to grow.

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