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

The intention of the Commonwealth with this bill is that it will be for Australian-owned and majority-Australian-owned businesses. This will be fleshed out in the shareholder agreement, which will be finalised very soon. It's absolutely the Commonwealth's intention that this fund will support Australian-owned and majority-Australian-owned businesses. In addition, the bill specifically refers to its objective being to increase investment in small and medium Australian enterprises. That's specified in section 3 of the bill.