Business
Small business COVID-19 loans extended: What you need to know – SmartCompany.com.au
The federal government’s small business COVID-19 loans scheme will now offer up to $1 million over a five-year term.
Treasurer Josh Frydenberg. Source: AAP Image/Mick Tsikas.
The Morrison government is extending its small business COVID-19 loans scheme until June next year, after revealing that banks have so far lent a far lower amount than was targeted at the height of the pandemic in April.
Also, the maximum loan size will be increased four-fold to $1 million and terms expanded from a maximum of three years to five, under a plan to help businesses re-start their operations over the December quarter.
Treas…
-
Noosa News18 hours agoSunshine Coast shines in tourism awards
-
General19 hours agoNational tax regulator shuts down Coolah firm and bans director after large-scale theft
-
Noosa News19 hours agoAfter tireless advocacy and a dark history, Australia has a treaty with its First Peoples
-
General22 hours agoBus crash in Sweden’s capital Stockholm causes several casualties