Senate debates Bills

Australian Business Growth Fund Bill 2019; In Committee


Rex Patrick

Rex Patrick SA, Centre Alliance

1:14 pm

Just because there was a misunderstanding: in your original announcement of this fund you basically indicated that the companies—and I apologise for not being clear—that could receive funding under this fund had to have a turnover of less than $50 million. Noting that was what was announced, is that still the case? Is that still what you are planning in respect of your negotiations with the banks?

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