Give investors tax breaks to help small businesses support equity: ANZ chief

By Alana Schetzer
Updated August 14 2014 - 2:13am, first published 12:04am
The government should consider incentives like tax breaks to make small business attractive to a limited pool of equity, says ANZ CEO Mike Smith. Photo: Philip Gostelow
The government should consider incentives like tax breaks to make small business attractive to a limited pool of equity, says ANZ CEO Mike Smith. Photo: Philip Gostelow

Better access to equity and tax breaks for private investors who want to support small businesses is a better alternative to bank’s taking more risk, says Australia and New Zealand Banking Group chief executive Mike Smith.

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