i am not sure what you mean by that? Why would caps be meaningless? If there was a true 250k insurance for everyone in a bank then a shed load of...
On a related note. CBA had around $510.73bn in home loans (including investors) according to that Canstar report. That was against $342.99bn in...
Well that’s correct in theory but each ADI has a cap of $20bn AUD....
And then there’s the bail-in legislation. https://www.aph.gov.au/DocumentStore.ashx?id=39adc416-0a7a-4629-99df-127f68f36216&subId=686227
thanks so much. Don’t know why I couldn’t find this earlier. If what odd job is saying is correct, then there basically is no guarantee in Australia.
If you had a shed load of cash on hand, would now be the right time to be opening bank accounts with multiple institutions and spreading 250k...
Well I can see why someone would have a substantial amount, up to at least their mortgage debt in a 100% offset account. It means they have that...
I am actually really interested to know this. In Aus there is a theoretical 250k federal insurance on deposits. That I think has been somehow...
The way I read it was that she didn't want to offer the same insurance to all banks because she knows she only has 125bn in Insurance and the FDIC...
I wouldn’t have much of an issue with it if this was indexed to CPI. But think of those joining the workforce today. They’re paying for the same...
I think a UBI is a feasible concept only if it was being taken from a large sovereign wealth fund and there were no top-ups in dole payments for...
Any bankers out there? Some non bankers may have the answer. The government savings guarantee that came in post GFC. 200k per person per...
How is 1200 deaths from a virus where pretty much no major precautions were taken even remotely relevant to Corona virus that has killed nearly 4%...
Do you regularly quote completely irrelevant facts to support your bias? Your own links suggesting that maybe 10% of the worlds population has...
Dude you can try to run that narrative all you like because he’s recovered but the fact is he was in a serious condition. No doctor is going to...
When was that new? Pretty much everyone in Italy and NY that were dying in big numbers in the early days, everyone that was on a vent were...
well how did that turn out for you?
Ok so watched from 32 onwards. Honestly, what voting population could be said to have considered voting position? Like name one? There’s that...
I’m going to watch the clip tomorrow. My thoughts before hand are that when you purposely don’t explain your policies and what they cost. Hoping...
The problem Japan has is it’s ridiculously high levels of debt that has kept them sustained over the past 30 years. They managed to sell most of...
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