at which the Australian Prudential Regulation Authority signalled its support for the fund.
"I would be surprised if a big super fund didn’t get on board, they have been criticised heavily for not investing in small businesses," she said. "Investing as heavily as they do offshore and not in Australia is not a good look.
A spokesperson for AMP said it supported the intent of the initative and will investigate further as more detail becomes available.Responding to a question from a reporter earlier today as to how the government would fund the Business Growth Fund without the support of some of the major banks Mr Morrison said he hoped support for the scheme would build.
Chris Bowen declined to comment on whether Labor would back the fund and instead highlighted Labor's proposed Australian Investment Guarantee – targeted tax relief for businesses that invest in Australia and Australians.
Seeya later banks and hello cryptocurrency! ✊🏼 Power back to the people XRP RIPPLE itshappening
😂 the chaos continues....