House debates

Tuesday, 1 September 2020

Questions without Notice

COVID-19: Small Business

2:48 pm

Photo of Josh FrydenbergJosh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

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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