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Flat White

Loans are a wrong and risky way to help small business, Mr Treasurer

22 November 2018

2:01 PM

22 November 2018

2:01 PM

The Federal Government’s proposed $2 billion small business loan scheme is the wrong response to a real problem.

The decline of small businesses in Australia presents a substantial policy challenge.

In 2017 there were 6,000 fewer new businesses than a decade earlier, despite Australia’s working age population growing by 20 per cent, according to a recent report by my colleague at the Institute of Public Affairs Matthew Lesh.

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