Guarantee to go, fee under the spotlight.

Australasian Business Intelligence, May, 2009

Byline: Richard Gluyas

May 12, 2009 (The Australian - ABIX via COMTEX) -- The Australian Government is looking at a new fee structure for, and the eventual phasing out of, its wholesale bank funding guarantee. At present, larger banks pay less to access the nation's "AAA" credit rating than do smaller regional players such as Bank of Queensland or Bendigo & Adelaide Bank, which have a rating of "BBB" compared with the four main banks' "AA". Meanwhile the banks are also concerned at the strain on bond markets once the Government issues new paper to source infrastructure spending capital.

Publication Date: 13 May 2009

 
AUSTRALIA.  DEPT OF THE TREASURY 
AUSTRALIAN BUSINESS INVESTMENT PARTNERSHIP 
OZCAR 
BANK OF QUEENSLAND LIMITED - ASX BOQ ...

            
        
    
    	    
                
                
	

		

					 
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