House debates Questions without Notice

Banking

Monday, 13 October 2008 House of Representatives

Ms Julie Bishop

Ms Julie Bishop Curtin, Liberal Party, Deputy Leader of the Opposition

2:42 pm

My question is to the Prime Minister. I refer to reports that Australia’s big four banks collectively have over $90 billion in exposure to credit default swaps. In exchange for its promise to guarantee term funding, will the government require that these and other exposures be fully disclosed?

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