I was talking to a representative from the reserve bank today on the safest investment vehicles. No bank in Australia is guaranteed by the reserve bank. In fact the only safety net you have is that depositors get first bite of the cherry in liquidation. There are certain criteria and obligations the banks have to meet but the bottom line is they are not guaranteed.
So how safe do you feel?
In fact your money may be safer in the stock market.
how safe is your bank account
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$63.53 |
Change
-0.970(1.50%) |
Mkt cap ! $12.31B | |||
| Open | High | Low | Value | Volume |
| $64.71 | $64.80 | $63.32 | $24.41M | 383.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1431 | $63.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.54 | 890 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ASX (ASX) Chart |