One stuff up after another.....
The Federal Government will help institutions with frozen investment funds become regulated bodies so they can access the deposit guarantee.
At least 15 funds have frozen deposits to stop people withdrawing their assets and taking them to banks covered by the scheme.
Prime Minister Kevin Rudd has announced about $80 million for the the financial regulators.
Some of the funds will help the Australian Prudential Regulation Authority (APRA) process applications from investment funds wanting to become regulated bodies so they can access the guarantee.