Not quite. There is no ceiling or cap. But there is $20bio allocated towards it. Think of it as Risk Management. The budget instrument is ready to be activated if needed, to reimburse up to $20bio in aggregate. If the aggregated claims exceed $20bio, the money will have to be found elsewhere, and be legislated for. Which is fair enough. Will the then Australian government raise taxes (like insurance companies), or liquidate assets? This is not decided ex ante.
Not quite. There is no ceiling or cap. But there is $20bio...
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Last
$1.30 |
Change
-0.015(1.14%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.27 | $2.780M | 2.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 162023 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 9528 | 2 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.30 |
Change
-0.015 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| $1.30 | $1.30 | $1.27 | 172060 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| JDO (ASX) Chart |