XJO 0.86% 7,829.7 s&p/asx 200

why should the government get cheaper loans for the banks...

  1. 634 Posts.
    why should the government get cheaper loans for the banks overseas the reserve banks already provides half of their loans with domestic lending. If the margins were cheaper for them the borrow cheaper overseas directly than the government borrowing getting and better rate and taking a cut then you know which way the would go they are not going to accept this scenario unless they can make more money than they are in their current practices and sounds alot like public intervention to assist them to get even greater deals. Bottom line is not matter how much it costs for funding government stills refuses to tell them how big the margin is that they make on their customers. It would also have the impact to reduce Australia's credit rating as it would increase borrowing and risk.
 
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