Global Trade Alert
Global Trade Alert

Australia: Government Guarantee of deposits and wholesale funding Scheme

Announcement

28 Nov 2008

In November 2008, the government of Australia announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Nov 2008

Revocation date:

No revocation date

Updated: 28 Nov 2008
Loan guarantee In force

In response to crisis, the Prime Minister announced a Government guarantee of the deposits and wholesale funding of Australian deposit-taking institutions. 
These guarantees are designed ...

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