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Men's Weekly

Treasurer Frydenberg to announce $520 million fund for small businesses investmnt

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra
Treasurer Frydenberg to announce $520 million fund for small businesses investmntThe new fund will put up 10% to 40% of capital investments by businesses. Shutterstock

A new fund to provide small businesses with an alternative source of financing will be set up with a A$100 million contribution from the government.

The fund will have an initial investment capacity of more than $500 million, with the aim of that growing to $1...

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