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Australia plans $900M fund to boost economy by streamlining regulations and construction.
Australian Treasurer Jim Chalmers plans to announce a $900 million fund to boost competition and productivity by encouraging states to streamline regulations and embrace modern construction methods.
The initiative aims to increase Australia's GDP by up to $45 billion annually and make households about $5,000 better off.
Chalmers will address state governments, emphasizing the need for their commitment to drive productivity and lower costs.
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Australia planea un fondo de 900 millones de dólares para impulsar la economía mediante la racionalización de las regulaciones y la construcción.