The Australian government does provide small business financial assistance to eligible applicants who complete the approval process successfully, but there are no free Australian government grants & loans. Not every application for loans & grants will be approved, however. This is for a number of reasons ranging from mistakes made on their application, not being able to convince the government they would make good use of any funding received, not properly preparing a case for their need, or there being a more qualified applicant for a loans or grants program with limited funding.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.