Senate debates

Thursday, 27 February 2020

Bills

Australian Business Growth Fund Bill 2019; In Committee

1:50 pm

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) Share this | Hansard source

What I said was that this is an entirely new form of financing—that long-term, patient-capital, passive equity financing. While it takes an equity stake, it doesn't necessarily dilute the ownership structure or direct operations. That's the new part, not necessarily the structure itself.

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