House debates Questions without Notice

COVID-19: Small Business

Tuesday, 1 September 2020 House of Representatives

Josh Frydenberg

Josh Frydenberg Kooyong, Liberal Party, Treasurer

2:48 pm

So far, 17,652 businesses have received $1.7 billion and, as you know, we've extended and expanded the criteria which allow those loans to have a greater tenor of up to five years. Previously, it was three years, up to a million dollars. Previously, it was $250,000. It's been a very important program.

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