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APRA backs small business growth fund led by NAB

APRA backs small business growth fund led by NAB

The federal government's small business financing push has received a substantial boost after the prudential regulatory singalled it would support the establishment of a Business Growth Fund.

  • Shared by The Age
  • December 10, 2018
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The growth fund is one part of the government's two part small business finance policy announced last month which features a potential $2 billion investment in a securitisation fund to help small businesses access debt finance outside the big banks and the "encouragement" of the establishment of a growth fund to provide longer term equity funding.

Read more at The Age.

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