House debates

Wednesday, 22 October 2008

Questions without Notice

Banking

2:23 pm

Photo of Wayne SwanWayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

The very simple answer is that the fee will be paid by all depositors in the deposit-taking institutions that are regulated by APRA, and the fee will be paid either by the depositor or by the bank.

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