Business
Bank bosses welcome revamped business loan scheme – Sydney Morning Herald
The big four banks have given the thumbs up to the government’s scheme offering cheap loans to small and medium-sized businesses.
The big four bank chiefs have welcomed the federal governments revamped small business loan scheme, claiming it will provide a lifeline to the hardest-hit industries once JobKeeper payments are cut off.
The government significantly expanded its loan scheme for small-to-medium sized businesses on Thursday, increasing the size of eligible loans from $1 million to $5 million and raising the turnover threshold from $50 million to $250 million.
The loans are available to around 350,000 businesses and…
-
Noosa News22 hours agoHow Lily Steele-Park took her rapist to court and won
-
Noosa News22 hours agoE-biker charged with riding dangerously, assaulting cop
-
General21 hours agoBrick portico a relic of ‘prestigious’ Horton College in northern midlands
-
Business15 hours agoWhy Vault Minerals, Droneshield, Westgold Resources shares are climbing higher today