Second Reading Speeches

Australian Business Securitisation Fund Bill 2019

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
45

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Summary

Establishes the Australian Business Securitisation Fund (ABSF), and establishes and credits $2 billion to the ABSF special account, to increase the availability, and reduce the cost, of finance to small and medium enterprises (SME) by making targeted interventions in the SME securitisation market.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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