Senate debates

Thursday, 19 March 2009

Questions without Notice

Banking

2:53 pm

Photo of Stephen ConroyStephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

He’s not really a Queenslander? The government is supporting business investment during the global credit crisis. The government has already taken steps to facilitate the flow of credit to businesses by securing their deposit base. We have offered bank deposit guarantees to ensure the banks could attract deposits and wholesale funding in exceptionally difficult credit market conditions.

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