Capital City stimulus will kick-start national recovery

CCCLM

COVID-19 has abruptly and overwhelmingly impacted on the way Australians live, work and travel. Research for the Council of Capital City Lord Mayors (CCCLM) by Deloitte Australia shows that COVID-19 has had a disproportionate impact on Australia’s capital cities and stimulus projects are needed to kick-start our national recovery.

The CCCLM is calling for $2.8 billion in stimulus projects for Australia’s capital cities to support jobs and economic recovery. CCCLM Chair, Lord Mayor of Adelaide Sandy Verschoor said the combined stimulus package across the eight capital cities would contribute $4.6 billion to Australia’s GDP and create nearly 12,000 new jobs over the next 10 years.

/Public Release.