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No party has asked why Treasury is sitting on $15.6 billion it doesn’t need

The Crown Settlement Account, the Government's main bank account at the Reserve Bank, held $25.61 billion at the end of September. Treasury's own minimum liquidity target is $10 billion. That leaves $15.61 billion above requirement, more than eight times the cost of...

By B2B News | 8 hours ago | 5 min read
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