Senate debates

Wednesday, 12 August 2009

Questions without Notice

Economy

2:00 pm

Photo of Helen CoonanHelen Coonan (NSW, Liberal Party, Shadow Minister for Finance, Competition Policy and Deregulation) Share this | Hansard source

Mr President, I ask a further supplementary question. Clearly the government has no intention at all of rescuing these people who have had their funds frozen for 11 months. Given that the government’s poorly designed and rushed bank deposit guarantee has had many unintended consequences and excluded investment funds and triggered the lockdown of deposits over 11 months ago, when will the bank guarantee be withdrawn?

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