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Australian banks safe from global turmoil: Tanner

1points Posted 297 days, 2 hours ago by Bronwen
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Federal Finance Minister Lindsay Tanner says Australians do not have to worry about banks or other financial institutions failing as a result of the global financial crisis.

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Source: http://www.abc.net.au/news/stories/2008/09/17/2366742.htm?se…

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The banks might be fine, but it’s a bit less cheery for those people whose Super funds have lost 30% of their investment value in the last five days!

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