Original article by Michael Roddan
The Australian – Page: 17 : 23-Apr-19

Treasurer Josh Frydenberg will launch a $100 million government-backed fund that will provide equity funding to small businesses. The Australian Business Growth Fund is based on similar initiatives in the UK and Canada. Prime Minister Scott Morrison has pledged to create 250,000 new small businesses over the next five years, with 230,000 small businesses having been launched over the last five years. National Australia Bank is in charge of efforts to launch the Australian Business Growth Fund.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESTPAC BANKING CORPORATION – ASX WBC, HSBC AUSTRALIA HOLDINGS PTY LTD