By Erin Delaney · 8 February 2010 · Locked
See the complete version on Dynamic Business for the full story and insights.
The Federal Governent has announced it will withdraw its guarantee of bank deposits, instituted during the global financial crisis to prevent investors’ money from being wiped out in the recession. The nation’s top finance regulators—including the Reserve Bank and the Australian Prudential Regulation Authority—advised the treasurer, Wayne Swan, over the weekend that bank funding conditions […]
Tags: Cashflow, Federal Government, Global Financial Crisis