Tag: Australian Business Growth Fund

$540m Business Growth Fund ready to flow

Posted on   |  by Denham Sadler
The $540 million Australian Business Growth Fund is about to turn on the taps, with its first investment of “patient capital” expected to be made by the end of...

$540m Business Growth Fund is officially launched

Posted on   |  by Denham Sadler
The $540 million Australian Business Growth Fund has been officially launched, despite legislation unlocking $100 million in Commonwealth funding still languishing in Parliament. The seven shareholders have all signed...

Victoria launches $250m growth fund

Posted on   |  by Denham Sadler
The Victorian government will make equity investments in local companies through a new $250 million growth fund which closely mirrors a similar initiative to be launched soon by the...

Growth Fund gets Senate green light

Posted on   |  by Denham Sadler
A Senate Committee has given the green light to the government’s plan to contribute $100 million of taxpayer money to a business growth fund following a “ridiculously short” inquiry....

‘Dearth of transparency’ from Treasury on R&D

Posted on   |  by Denham Sadler
Federal Labor has slammed a “dearth of transparency” at the Treasury after public submissions on controversial changes to the research and development tax incentive were released 18 months late,...

Big banks tapped for new growth fund

Posted on   |  by Denham Sadler
The federal government has finally got the big banks to chip into its business growth fund, which is set to launch next year with more than $500 million in...

Govt consults on $1b growth fund

Posted on   |  by Denham Sadler
The federal government has launched a whirlwind five-day consultation period for its $100 million cash injection into its business growth fund, which would provide “patient capital” to Australian SMEs....