I know it is the wrong thread .... but since it had quite an...

I know it is the wrong thread .... but since it had quite an impact on the index
after the rate announcement I was just wondering whether anybody has an opinion on why a rate rise is a) good for the banks (especially CBA) and b) a high AUD good for Australia?

I struggle to find a reason but it seems to me the market is happy with
the rise. Time to hit the pub .... this just does not make sense.