I guess you missed the part where I said in Australia the government has guaranteed all deposits up to $200,000 aud per account in the event of a bank collapse.
The bank can take other accounts of a different nature but ordinary accounts up to $200,000 aud are guaranteed.
That is a bailout right there if you think about it.
This does not limit the government from further bailout of the bank.
That is the legislation in place in Australia.
