House debates
Tuesday, 21 October 2008
Questions without Notice
Banking
2:40 pm
Kevin Rudd (Griffith, Australian Labor Party, Prime Minister) Share this | Hansard source
As the Treasurer said when he introduced the relevant legislation in parliament last Wednesday:
The government is consulting on the interaction between this guarantee—
that is, that on deposits—
on eligible wholesale borrowing and the guarantee on deposits.
If desirable, the government will proceed with measures to clarify the intersection of these guarantees and facilitate their operation.
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