House debates

Tuesday, 17 October 2006

Questions without Notice

Small Business Interest Rate Relief Program

2:00 pm

Photo of Kim BeazleyKim Beazley (Brand, Australian Labor Party, Leader of the Opposition) Share this | Hansard source

My question is to the Deputy Prime Minister and Leader of the National Party. Can the Deputy Prime Minister confirm that under the 2002 Small Business Interest Rate Relief Program the government promised to deliver $70 million to 14,000 struggling regional businesses? Is it not the case that the program only delivered $1.1 million to 182 applicants? Is the reason the program has been axed that it cost $790,000 to deliver $1.1 million in grant money?

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