reserve bank cuts rates one percent, page-27

JK5

banks have to answer to their owners - their shareholders

they are entitled to trade as banks if they meet their obligations to the RBA, for instance, maintain their Prime Asset Ratio

beyond that and the RBA and Government are not legally entitled to tell them how to run a business owned by shareholders

it's called 'the market' and free enterprise

you shouldn't get too upset when your personal enterprise is no longer getting the 'freebies' out of rising share prices you play with

you got to take the good with the bad

another way to look at it - 'loss' is the price of success