Major hole blown in infrastructure

With the release of the Treasury’s Midyear Economic Forecasts Wayne Swan has revealed the economic downturn has blown a $40 billion hole in projected government revenue in the next few years. Investment in Australia’s infrastructure is the area expected to be most affected by this shortfall.

Air-Hybrid Japan Debut

Scuderi are showing the Scuderi Engine to the Japanese automotive industry this week at the Nagoya Eco Clean Car Fair, an exhibition run by the Japan External Trade Organization (JETRO), a government-related organisation that works to promote mutual trade and investment between Japan and the rest of the world.