House debates Questions without Notice

Banking

Wednesday, 22 October 2008 House of Representatives

Wayne Swan

Wayne Swan Lilley, Australian Labor Party, Treasurer

2:48 pm

It is not a deposit tax. It is a fee to reflect a commercial reality, which will reflect the fact that there is a government guarantee—and I did not say necessarily a million dollars; I said a million dollars or above. That is what I said.

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