The Australian Office of Financial Management invites market participants to submit proposals to be considered for investment by the Australian Business Securitisation Fund. The deadline for receiving proposals is midday (AEDT) on 15 January 2020. More information and guidance on the format of investment proposals is on the AOFM website.
The AOFM would like all SME lenders to complete its market survey, regardless of whether they are submitting an investment proposal. More information on the SME lending market survey is on the AOFM website.
The AOFM expects to announce its decision for this first round of ABSF investments late in the first, or early in the second, quarter of 2020. Decision timing will be a function of the number and complexity of proposals received. The AOFM will notify proponents individually of the outcome of their proposal, and will endeavour to notify proponents who have not been shortlisted as soon as possible.