Senator Joyce welcomes the release of the Infrastructure Policy announced by the Coalition today.

This policy opens the door for the increased investment of household savings into public infrastructure that fulfils a nation building goal.

The Infrastructure Partnership Scheme, devised by the Shadow Minister for Regional Development, Infrastructure and Water, Senator Joyce, provides a tax incentive for all Australians to invest in the infrastructure that Australia desperately needs.

The Labor party has wasted the strong balance sheet that the last Coalition Government left them. They spent only 14 per cent of their economic stimulus on economic infrastructure. Ceiling insulation and overpriced school halls have unfortunately not increased the productive capacity of our economy.

That is why a Coalition Government will provide more incentive for economic infrastructure to be built. Infrastructure Partnership bonds would lower the yield that is required on the debt that funds infrastructure investment.

Lowering these costs will leverage the limited funds that have been left by the Labor party to generate a significant expansion in the funds available to invest in Australia’s roads, rail and ports.