@practisingaccountant,
Thanks.
My guess is that Ms J Papageorgiou has direct experience of the Bail In laws that were enacted in Cyprus a few years back. Anyone with a balance greater than €200,000 lost the amount above that and were given bank shares in lieu of. But they were basically worthless.
The Aust govt has similar laws in place here which are a concern.
I would never have imagined they would have need for them, but then along came Covid, a trillion dollar debt and a fallout with our largest trading partner.
Hopefully it never happens here.
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Last
$38.76 |
Change
-0.235(0.60%) |
Mkt cap ! $118.7B | |||
| Open | High | Low | Value | Volume |
| $38.82 | $38.94 | $38.58 | $30.55M | 787.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 638 | $38.75 |
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| Price($) | Vol. | No. |
|---|---|---|
| $38.76 | 698 | 7 |
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| Last trade - 11.46am 07/08/2025 (20 minute delay) ? |
| NAB (ASX) Chart |