Development Bank

Development Bank

EAP supports the creation of a National Development Bank.

The main purpose of this bank would be to provide funding to Federal & State entities involved in infrastructure projects throughout Australia.

The National Development Bank would become the responsible repository for Superannuation Funds for all Australians.

Consolidation of multiple funds into one unified fund for each citizen will also be undertaken to ensure the maximum retention of funds for each individual is achieved.

Funding towards the development of new technologies, and industry creation / development in regional areas would become a priority thereby spreading investment opportunities throughout Australia.

The providing of affordable funding to all citizens for the purchasing of  a primary residence will also be instigated.