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Cash levels low in canberra as money talks.

This weekend will be a key deadline for banks to raise money for the troubled bank and after four decades of success the NSW bank is being shut down without an operating bank, which should allow the state to pay off a portion of debt.

Australian Taxpayers Union chief executive John Grant said he believed that the Government must do something immediately because the bank would need a significant amount of cash to continue to operate and that no bailout was likely.
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