NAB has welcomed the announcement from the Government on the extension of the COVID-19 SME Loan Guarantee Scheme.
NAB CEO Ross McEwan said: “We welcome the Government’s expansion of the SME Loan Guarantee Scheme. The changes will make it available to more businesses, for longer, to help them rebuild – and support Australia’s recovery.”
NAB has been actively participating in the Scheme and has approved more than 5,500 loans since its launch.
Results from NAB’s Monthly Business Survey indicate business conditions and confidence measures remained relatively steady in April 2025.
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