if subprime only has impact on small lenders, why are banks like...

if subprime only has impact on small lenders, why are banks like ANZ and CBA and NAB etc upping interest rates ahead of the RBA and forcasting profit loss's ?

LOL

subprime has no impact on the big banks? you clearly are on another planet

also, subprime in the US is only 1 year in, there is 3 more years of subprime honey moon periods to expire to go.. so subprime damage is going to be 400% of what it is now.