Banking and Financial Services Insights

11 December 2008

Government guarantee package

Key Points:

Over the last six weeks the Federal Government has been implementing its response to the credit crunch. At its centre is the guarantee scheme for large deposits and wholesale funding, the legislation for which has now passed Parliament. Clayton Utz has been following the developments here and will continue to do so.

Disclaimer
Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this bulletin. Persons listed may not be admitted in all states or territories.
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