Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

in early-stage start-ups, early-stage companies, high-risk ventures. We know many of them do not succeed, but nonetheless we want to make sure that seed capital is there.

What Labor are doing is saying, in the words of their own shadow Treasurer today, in his own policy document, a policy document which was purportedly about housing but in fact covers the whole economy—this document would result in the situation that, if a person went to the bank and borrowed money to capitalise a company, perhaps with some friends, to start a business, and then if the income from that company, if the dividends from those shares, were less than the costs—

Mr Conroy interjecting—

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