导读：澳大利亚商业证券化基金将在证券化市场投资高达20亿澳币，用于小型银行和非银行贷款机构提供额外资金，从而为小型企业转贷提供竞争力。
澳大利亚公共会计师协会以澳大利亚小企业白皮书研究为基础的呼吁，取得了主要胜利，政府已宣布建立20亿澳币基金。
昨天，政府宣布建立20亿澳币的澳大利亚商业证券化基金，并鼓励创建澳大利亚商业增长基金。
澳大利亚商业证券化基金将在证券化市场投资高达20亿澳币，用于小型银行和非银行贷款机构提供额外资金，从而为小型企业转贷提供竞争力。
同2008年住宅抵押贷款支持证券市场一致，证券化基金将由澳大利亚金融管理局(AOFM)管理。
政府还表示,正在与澳大利亚审慎监管局(APRA)和多家金融机构就设立澳大利亚商业增长基金进行磋商,该基金将为小企业提供更长期的股权融资。
预计该增长基金将效仿英国商业增长基金的先例。英国商业增长基金成立于2011年,向整个经济领域投资约27亿美元。
IPA执行总裁Andrew Conway表示，这两只基金可以说是对小型企业融资的较大结构性改革，也是IPA一直在积极游说的改革。
“我们欢迎并祝贺澳大利亚政府设立了一个价值20亿澳币的澳大利亚商业证券化基金，该基金将激励和辅佐规模较小的银行和非银行贷款机构腾出资本,并向更多的小企业提供贷款。这将赋予小企业成长和扩张的信心。
正如财政部长的新闻稿中提到的那样，政府明确表明正在推进建立澳大利亚增长基金。这也归功于IPA迪肯中小企业研究中心和小企业白皮书所开展的工作。”
Conway先生在出版小企业白皮书时表示，澳大利亚公共会计师协会调查了贷款担保计划的改进措施，并通过经济实惠的资本调查渠道与澳大利亚小企业和家庭企业监察员合作。
“这加强了我们向英国增长基金(UK)结构变革模仿的呼吁，即要求银行建立大量资金用于增加风险稍高的中小企业和创业企业获得融资的机会，因为他们拥有更长期的投资回报。
它也可被看作是一种工具，通过让小企业更容易获得融资，可为澳大利亚更强大的证券化市场提供推动力。”
Conway先生表示，政策转变将对小企业的生存能力产生长期影响，它是IPA迪肯中小企业研究中心应用研究的直接成果。
他说：“这种应用研究模式显然引领了世界对中小企业部门进行关键改革,并拥有切实的政策声明作为后盾。”
IPA heralds $2bn fund as win for SMEs
The Institute of Public Accountants has called a $2billion fund announced by the government as a major win for small business and builds on the research from its Australian Small Business White Paper.
Yesterday,the government announced a $2billion Australian Business Securitisation Fund as well as encouraged the establishment of an Australian Business Growth Fund.
The Australian Business Securitisation Fund will invest up to $2billion in the securitisation market,providing additional funding to smaller banks and non-bank lenders to on-lend to small businesses on more competitive terms.
The securitisation fund will be administered by the Australian Office of Financial Management (AOFM),consistent with their prior involvement in the Residential Mortgage Backed Securities Market in 2008.
The government also said it is in consultation with APRA and a number of financial institutions in regard to the establishment of an Australian Business Growth Fund that would provide longer term equity funding to small businesses.
The growth fund is expected to follow the precedent of the UK’s Business Growth Fund,which was established in 2011and invested around $2.7billion into a range of sectors across the economy.
IPA chief executive Andrew Conway said both funds are arguably the biggest structural reforms to small business finance it has seen,and are reforms it has been actively lobbying for.
“We welcome and congratulate the Australian government for the creation of a $2billion Australian Business Securitisation Fund,which will provide incentive and capacity to smaller banks and non-bank lenders to free capital up and lend to more small businesses.This will give those small businesses the confidence to grow and employ,”Mr Conway said.
“The government has also clearly indicated it is progressing an Australian Growth Fund as mentioned in the Treasurer’s press release,again directly attributable to the work undertaken through the IPA Deakin SME Research Centre and the Small Business White Paper process.”
In publishing the Small Business White Paper,Mr Conway said the IPA investigated enhancements to a Loan Guarantee Scheme,and also worked with the Australian Small Business and Family Enterprise Ombudsman through the Affordable Access to Capital Inquiry.
“This bolstered our calls for structural change modelled on the British Growth Fund (UK)wherein the banks are levied to create a corpus of funds to enhance access to finance for slightly higher risk SMEs and start-ups where the return on investment may be over a longer period,”Mr Conway said.
“This could also be used as a vehicle to fuel a stronger securitisation market in Australia by enabling easier access to finance for small businesses.”
Mr Conway said the policy changes will have long-term impacts on the viability of the small business community and are a direct result of the applied research undertaken through the IPA Deakin SME Research Centre.
“This model of applied research is clearly leading the world in delivering critical reform to the SME sector backed up with tangible policy announcements,”he said.
