House debates Questions without Notice
Budget: Trade Support Loans
Ian Macfarlane Groom, Liberal Party, Minister for Industry
2:55 pm
I am delighted to answer this question. There is no doubt that the loans are interest free. It gives me an opportunity to highlight the great regard and delight from industry in relation to the trade support loans. The loans, as the shadow minister knows, are indexed annually with CPI. These loans will offer apprentices the opportunity to receive, over four years, $20,000 which they can use for whatever purpose they like.
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