News

Business Growth Fund to back high growth small businesses

- November 28, 2019 2 MIN READ

Treasurer Josh Frydenberg has announced the government and major banks will be backing local business owners, with the establishment of an Australian Business Growth Fund. The government, ANZ, CBA, NAB and Westpac will each commit $100 million to the fund, while HSBC will contribute $20 million. The Australian Small Business and Family Enterprise Ombudsman (ASBFEO)… Read more »

Finance

Government to back small business with $2billion funding support

- November 14, 2018 3 MIN READ

The Morrison government  has thrown its support behind the nation’s small businesses with the announcement of a major new fund using Commonwealth bonds to back small business. The scheme, the Australian Business Securitisation Fund, was announced by treasurer Josh Frydenberg today and is set to be brought before Parliament. It will establish a fund to invest… Read more »