House debates

Thursday, 16 October 2008

Questions without Notice

Banking

2:31 pm

Photo of Ms Julie BishopMs Julie Bishop (Curtin, Liberal Party, Deputy Leader of the Opposition) Share this | Hansard source

My question is to the Treasurer. Given that ratings agencies take account of contingent liabilities in their assessment of a national government’s credit risk, what impact will the government’s 100 per cent guarantee on bank wholesale funding have on the credit rating of the Commonwealth?

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