Senate debates

Thursday, 27 February 2020

Bills

Australian Business Growth Fund Bill 2019; In Committee

1:14 pm

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) Share this | Hansard source

The announcement said that it was expected to back 30 to 50 businesses each year with annual turnovers between $2 million and $50 million. That wasn't a hard range. That's something that will be negotiated with the banks, who are the other shareholders.

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