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here's how to make their loans cheaper

  • Written by Isaac Gross, Lecturer in Economics, Monash University
here's how to make their loans cheaperJIANG HONGYAN/Shutterstock/RBA

The government has widely touted its support for small businesses – most notably the provision of loans subsidised by the Reserve Bank.

In its economic update on Friday the Reserve Bank talked up its low-cost Term Funding Facility. Take-up was “increasing steadily”.

The scheme gives banks ultra...

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