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    Financial Institutions Management Study Set 2
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    Exam 15: Liability and Liquidity Management
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    Although Australia Has Only Had an Explicit Deposit Insurance Scheme
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Although Australia Has Only Had an Explicit Deposit Insurance Scheme

Question 46

Question 46

True/False

Although Australia has only had an explicit deposit insurance scheme since 2008, it has had depositor protection since 1959 and has always had depositor preference.

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