Senate debates
Tuesday, 14 June 2011
Questions on Notice
Banking (Question No. 78)
David Johnston (WA, Liberal Party, Shadow Minister for Defence) Share this | Link to this | Hansard source
asked the Minister representing the Minister for Financial Services and Superannuation, upon notice, on 28 September 2010:
How much was lost by banks on defaulting loans in the 2008-09 financial year.
Nick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Link to this | Hansard source
The Minister for Financial Services and Superannuation has provided the following answer to the honourable senator's question:
The best available public data that includes banks' loan defaults is the Reserve Bank of Australia's collection B5—Consolidated group impaired assets, which is released as part of their quarterly Bulletin publication. The data is available from www.rba.gov.au.