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Frydenberg to launch small business stimulus package | Sky News AustraliaTreasurer Josh Frydenberg is set to launch a new stimulus package for small and medium-sized businesses in a move to polish the government’s pitch ahead of the next election. \n\nThe Australian Business Securitisation Fund will be designed to buy bonds packed with small and medium-sized business loans that are then sold onto investors by regional and non-bank lenders. \n\nThe $2 billion government-backed intervention is hoped to lower the cost of borrowing for small businesses, in a bid to tackle reduced competition and inflated interest rates. \n\n\nImage: Kym Smith \u002F News Corp Australia\n\n\n\n\n JoshFrydenberg What about wage thief and super thief by small businesses JoshFrydenberg Thank you!! Time to go shopping 👏🏻🙌🏻 JoshFrydenberg Labor introduced the instant asset write-off. The Liberal Party has made it so restrictive, no small business has ever been able to claim the write off with the Liberal Party in power,
Source: SkyNewsAust - 🏆 7. / 78 Read more »