"Oh yeah and RBA governors calling Banks CEOs for every shortfall in end of day settlement? Who are you kidding. How the f#*% would the RBA even know if one bank is short another bank."
According to the RBA ....
"ES (Exchang Settelement) Accounts must be maintained in credit at all times. The Reserve Bank may revoke an ES Account if a holder is unable, or likely to become unable, to meet this requirement or is unable to meet collateral or any other conditions imposed on the operation of the account."
