Senate debates
Thursday, 28 August 2025
Bills
Pacific Banking Guarantee Bill 2025; In Committee
1:10 pm
Anthony Chisholm (Queensland, Australian Labor Party, Assistant Minister for Regional Development) Share this | Hansard source
In terms of reporting obligations, any Pacific banking guarantee, including the ANZ agreement, will contain mechanisms to ensure a bank's compliance with its obligations. This includes regular reporting on the total amount of guaranteed liabilities and the compliance with bank commitments as well.
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