gov might fund refinancing of aust comp

This would be good for BBI to have to fall back on as a refinancing option if it needed it.

Even the potential for this safety net to be available must minimize the risk of BBI falling over.This news has to add a few cents to the sp.

"Billions of dollars of federal funding could be made available to local companies struggling to refinance their debts, under new measures being considered by the government.

The Rudd government has been holding talks with big local banks in an effort to prevent forced asset sales among businesses, or a business funding drought, as companies battle to roll over their debts, according to the Australian Financial Review."

http://www.businessspectator.com.au/bs.nsf/Article/Local-banks-seek-govt-help-to-beat-liquidity-droug-$pd20090117-NCPZ6?OpenDocument