The answer is “no”. There will be no explicit depositors bail-in. In would be political suicide.
That said, there are any number of ways that deposits can be devalued: printing money, special taxes etc. And that is the path that Australia will take.
The answer is “no”. There will be no explicit depositors bail-in. In would be political suicide.
That said, there are any number of ways that deposits can be devalued: printing money, special taxes etc. And that is the path that Australia will take.