Rebel your idea is only good on paper. This is the real world. Banks are businesses. They should have the best interest of their shareholders at top of mind which includes not taking excessive risks. Banks are regulated by APRA and ASIC regulates them under responsible lending legislation.
I as a consumer should be able to make my own decisions on how much I can afford to borrow.
Next you will want food stamps so people don't buy to many groceries and force up the price of bananas again
