Senate debates
Thursday, 27 February 2020
Bills
Australian Business Growth Fund Bill 2019; In Committee
12:41 pm
Jane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) Share this | Hansard source
The investment is in a private company, and there are a number of other shareholders, so the administrative costs of running that private company will be worked out with the shareholders. The investment mandate will be worked out with the shareholders—that's happening at the moment—as will the division of profits from the fund between the shareholders.
No comments