Re: Bank accounts and "cash" investments [Was: How safe is

by Lionel van den Berg <lionelv_@[EMAIL PROTECTED] > May 20, 2008 at 09:48 PM

On Mon, 19 May 2008 18:21:02 -0700, phil_herring@[EMAIL PROTECTED]
 wrote:

> On May 19, 8:11 pm, ppnerkDELETET...@[EMAIL PROTECTED]
 (Phred) wrote:
> 
>> But, moving on...  To what extent are bank deposits "protected" in Oz?
> 
> This has come up before.
> 
> AFAIK, deposits with an Australian bank are not protected.

Recently the government raised the idea of protecting the first 20K of 
savings deposits in the case that a bank goes under. Not sure if they are 
still following this up.

10 Posts in Topic:

How safe is BankWest?

"Someone Else"

2008-05-17 02:45:46

Re: How safe is BankWest?

"00ZNB" <00Z

2008-05-18 16:07:22

Re: How safe is BankWest?

"phil_herring@[EMAIL

2008-05-18 15:09:50

Bank accounts and "cash" investments [Was: How safe is BankWest?

ppnerkDELETETHIS@[EMAIL P