We have rising interest rates.
If the reserve bank doesnt rise rates the banks will on their own.
So how does it work (the so called cost of Money to banks)
Relative to UK or US or Japanese banks who have interest rates at under 1%
Where do they get their funds?
Hell they cant afford to get any funds according to our banks who keep telling us that money from O/S is Sooooo expensive??
Can someone explain this to me what am I missing?