2008-09 Budget delivering commitments to the future
28 May '08
2 min read
An additional $500 million will be provided in 2007-08 to help universities upgrade and maintain teaching and research facilities. This is a much needed down-payment of overdue funding, in advance of the funding decisions that will be taken once the Education Investment Fund is in place.
The Rudd Government's first Budget lays the foundation for a modern and competitive economy that can meet the challenges of the 21st century with confidence.