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Forum: Australia

Oct 8th 2008, 7:34 am

Replies: 70

Personal Savings Guarantee

Views: 6,542

Posted By NowInOz

Re: Personal Savings Guarantee

I am not quite sure why you think your money isn't safe over here. This may help:

Of all the banks in the world there are 20 that are rated AA. Four of those twenty are in Australia! Whilst some...

Forum: Australia

Oct 8th 2008, 7:07 am

Replies: 70

Personal Savings Guarantee

Views: 6,542

Posted By NowInOz

Re: Personal Savings Guarantee

So, just because the UK has a savings guarantee in place and some countries' governments now guarantee 100% of their banks (e.g. Germany), Kevin Rudd has to do the same?

I am afraid that doesn't...

Forum: Australia

Oct 8th 2008, 4:14 am

Replies: 70

Personal Savings Guarantee

Views: 6,542

Posted By NowInOz

Re: Personal Savings Guarantee

All of the above were investment banks/houses. Very different organisations to retail banks. Apples and pears kind of thing. Actually more like apples and raspberries ...

Gina

Forum: Australia

Oct 8th 2008, 3:11 am

Replies: 70

Personal Savings Guarantee

Views: 6,542

Posted By NowInOz

Re: Personal Savings Guarantee

[QUOTE=brucekaren;6853932]We are considering using the Commonwealth Bank. I would think with them having a UK branch in London, would allow our savings to be covered by the £50k guarantee. Provided...

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