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What is the average loan size approved so far under the Gas Transition Loan Guarantee Scheme, and how does this compare to the $50 million per-business cap?

Answered Question 40512 (2026)
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Asked by

Scott Willis

List MP · Green Party

Question

  • What is the average loan size approved so far under the Gas Transition Loan Guarantee Scheme, and how does this compare to the $50 million per-business cap?

Answered by

Hon Nicola Willis

List MP · National Party · Minister of Finance

Answer

The Gas Transition Loan Guarantee Scheme commenced on 31 July 2026. Lenders are required to report information on approved loan amounts to the Treasury each month during the Availability Period, which runs from 31 July 2026 to 30 June 2029. The first return, for the month ending 31 August 2026, is not yet due. As a result, I am advised the Treasury does not currently hold the data needed to answer this question.