Personally I don't like the use of taxpayers funds to be used to bail out any company but I think in this case the economic consequences are too great for the government to ignore. Probably put 40,000 people out of work (reliant industries) affecting wellover 100,000 if you include families. Business's go bust, banks left being owed big dollars etc. I don't think the government had a choice although you can blame them for letting the Foreign Investment Review Board give the go ahead when everyone knew it was beyond ANZ's capabilities.