Frydenberg to launch small business stimulus package | Sky News Australia

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.JoshFrydenberg on small businesses: This fund is designed to address a market failure where small banks are unable to access funding on competitive terms. MORE: SkyLiveNow

 

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JoshFrydenberg How about you use that money to do something productive like raise up our nation's homeless from poverty? Instead of kowtowing to your corporate mates who want wealth for a few and financial inequality for the masses ...

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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\nIn a bid to tackle reduced competition and inflated interest rates, the $2 billion government-backed intervention is hoped to lower the cost of borrowing for small businesses. \n\nThe Treasurer on Wednesday will announce the creation of the Australian Business Securitisation Fund, 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\nImage: Kym Smith \u002F News Corp Australia\n JoshFrydenberg Theres also bugger all venture capital, forcing start ups overseas, which ultimately costs the Australian people jobs and the government tax revenue. Our industries has been getting hollowed out by this for years. Instead Aussie startups create jobs in Europe and the US JoshFrydenberg frydenDeutsche has no credibility to give advice on banks since he is ex deutsche bank, has financially mismanaged on several occasions -443m GBRF, taken money from badly underresourced projects, slashed money to fed enviro staff. he is a hack and a menace. JoshFrydenberg I cant wait for an election just to see this fraud kicked out of politics forever. auspol
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Ombudsman urges small business to avoid ‘expensive’ legal system | Sky News AustraliaFULL INTERVIEW: Small Business Ombudsman Kate Carnell says business owners need to be ‘more aware’ of ways to resolve disputes in lieu of engaging within the court system.\n\nMs Carnell says ‘a large percentage’ of small businesses are not aware of various mediation services, according to the federal small business ombudsman's ‘Access to Justice’ inquiry.\n\nShe told Sky News the court dispute is an expensive and often ‘unnecessary’ mechanism to resolve small business disputes. Settling in to the Same Old Ways:
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Labor vows to fight for small business | Sky News AustraliaLabor has vowed to give small businesses a seat at the cabinet table if it wins the upcoming federal election. \n\nThe Opposition has pledged to match the government’s company tax cuts and continue the $20,000 small business asset write-off. \n\nLiberal Senator Michaelia Cash has rubbished the promises, saying it's not in Labor's DNA to fight for small business. \n\n\n JoshFrydenberg You don't. JoshFrydenberg Is this an advertorial or something tonight? JoshFrydenberg Excellent news Josh. A quota only looks at what’s between their legs while a *target* means what is between their ears counts too.
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