Senate debates Bills
Australian Business Growth Fund Bill 2019; In Committee
Jane Hume Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology
1:14 pm
The announcement said that it was expected to back 30 to 50 businesses each year with annual turnovers between $2 million and $50 million. That wasn't a hard range. That's something that will be negotiated with the banks, who are the other shareholders.
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