Good points All4One, but on point 2, the govt guarantee up to $250K in very unlikely to be honoured in full, even if it is kept in place. From memory, the funds allocated will cover only about 20% of total Australian bank deposits.. If that will reach up to $250K, I'll go he.
if bank bail-in is adopted, the guarantee will have to be removed because it contravenes the requirement for no government assistance.
23.
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