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James Millar
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I also think they are inflating the level of support by including the max potential guaranteed loans as “stimulus spend”. Yes some is at risk but that will not all be used. Personally I don’t think loans are the solution as they are still left in the hands of the banks to approve manage administer. Plus who covers the other half of loan security if the banks require it? What loan serviceability tests are they going to apply? If a business is in crisis with losses and negative cash flow there is no way they will get a loan approved – I can’t see that happening

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