The third round of Australian government support for niche mortgage funders looks like it will be in the form of direct investment rather than the alternative, foreshadowed in October, of liquidity support.The Treasurer, Wayne Swan, in a media release yesterday said he formally directed the Australian Office of Financial Management to make the investments."There are mixed industry views on the merits of a liquidity facility," Treasury staff wrote.As indicated in October, select small business loans, secured by residential property, will also qualify for refinancing through the AOFM.