Senate debates

Thursday, 27 February 2020


Australian Business Growth Fund Bill 2019; In Committee

1:59 pm

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

I think that your question has contradictory components. The banks want to be involved in this is because we are encouraging them to. We are showing them the leadership to get them involved. But the purpose is not to empower or to profit the big banks; it is to help small and medium enterprises find access to long-term patient capital so they can invest, grow and employ Australians.


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