Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

The banks will still make their proper assessments. The answer to the first question is no. The exemption from the responsible lending rules is not just limited to the loans in the context of the JobKeeper program. The temporary exemption from responsible lending obligations for lenders providing credit to existing small business customers, to help small business get access to credit quickly and efficiently, is a general exemption. But it's 'existing small business customers', so they would have a pretty good read on their viability and profitability in ordinary times. And we think in the current circumstances that is appropriate.