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Treasurer Wayne Swan speaks during a press conference

No decision yet: Treasurer Wayne Swan

No final decision on 'infrastructure bank': Swan Photo

By Online parliamentary correspondent Emma Rodgers

Federal Treasurer Wayne Swan has not ruled out the possibility the Government will set up a "infrastructure bank" but has indicated it may not be its preferred option to help states fund infrastructure projects.

Yesterday in Parliament Prime Minister Kevin Rudd said the Government would "embrace a new approach" for infrastructure funding after being asked by Opposition Leader Malcolm Turnbull if it was moving to set up a bank.

Tags: industry, banking, federal-government, australia

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