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Frydenberg defends inaction on $2 billion small business funds

The government insists its promised $2 billion small business securitisation and growth funds could do their first deal by Christmas despite concerns one of the funds will not get off the ground.

Frydenberg defends inaction on $2 billion small business funds
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Frydenberg defends inaction on $2 billion small business funds

Treasurer Josh Frydenberg said the government passed legislation earlier this year to establish the Australian Business Securitisation Fund to enable small and medium-sized businesses to get better access to more competitive finance outside the big banks.

Read more at The Age.

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