ACT budget provides a boost for Canberra businesses and industry

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Last Wednesday’s budget has given Canberra businesses benefits right now and also for the future.

Warren Jansen, ICN Limited’s Executive Director said: ‘We are pleased the ACT government has acknowledged the integral role of SMEs in driving jobs growth, particularly in the post pandemic environment.”

With 250 projects and 14 ongoing programs of work already underway, the largest infrastructure program in the history of the ACT public sector will support more than 15,300 construction jobs and create even more jobs across the Territory for years to come.

‘It is the commitment to $5 billion in infrastructure and other projects that we know will translate into real work opportunities for the businesses listed on ICN Gateway.

‘We’re interested in helping Australian businesses grow, primarily through presenting opportunities to our 80,000+ SMEs listed on ICN Gateway (our comprehensive online marketplace where we match capable suppliers to projects around Australia and New Zealand).

ICN also welcomes other announcements that will be positive for Canberra SMEs:

  • Funding of $877 million over five years to 2025-26 for health, including new funding for a Cancer Research Centre at the Canberra Hospital, infrastructure upgrades at Calvary Public Hospital, and a new carpark at the Canberra Hospital.
  • Funding of $1.4 billion for upgrades to Canberra’s sustainable and connected transport system.
  • Upgrades for new community facilities, parks and playgrounds across Canberra.

MEDIA CONTACT

ICN Ltd’s Executive Director, Warren Jansen, and its Marketing and Communications Manager, Karen Lenton, are both available for comment.

Warren Jansen
wjansen@icn.org.au
+61 404 473 236

Karen Lenton
klenton@icn.org.au
+61 404 867 506


ABOUT ICN

Industry Capability Network (ICN) is a business network that introduces Australian and New Zealand companies to the supply chains of major projects both here and overseas.

ICN has been helping build new procurement partnerships for 30 years and have a network of more than 80 technical consultants across Australia and New Zealand.

Every day, ICN works with project managers to show them how they can save time and money by using competitive local suppliers, as well as spending a lot of time with Australian and New Zealand suppliers to help them identify new opportunities for their business.

Learn more about ICN 1300 691 139 or visit icn.org.au

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