Group: rec.travel.australia+nz

Travel Information for Australia and New Zealand.

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NZ has not "Deposit Insurance Scheme" -- that cannot help with "Foreign Investment" (non-NZ deposito

Reply from: Max Power
Date: 09 Jul 2008, 03:34
NZ has not "Deposit Insurance Scheme" -- that cannot help with "Foreign Investment" (non-NZ deposito

NZ has not "Deposit Insurance Scheme" -- that cannot help with "Foreign
Investment" (non-NZ depositors using NZ banks)
http :// ca.youtube,com /watch?v=DukQcnf1hEk

I assume that Australia has such a "Deposit Insurance Scheme", as Canada
does (good for 100k per account).


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Reply from: David Bennetts
Date: 09 Jul 2008, 03:48
Re: NZ has not "Deposit Insurance Scheme" -- that cannot help with "Foreign Investment" (non-NZ depo


"Max Power" <mikehack@washington.edu> wrote in message
news:g514k9$c32$1@gnus01.u.washington.edu...
> NZ has not "Deposit Insurance Scheme" -- that cannot help with "Foreign
> Investment" (non-NZ depositors using NZ banks)
> http :// ca.youtube,com /watch?v=DukQcnf1hEk
>
> I assume that Australia has such a "Deposit Insurance Scheme", as Canada
> does (good for 100k per account).

It doesn't!

See http :// www .news,com .au/business/story/0,23636,23444519-462,00.html

David Bennetts
Australia



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