Here is what is said in SMH
The banks make money from rate rises, so there is a bit of a sell-off there,' in
http://www.smh.com.au/business/markets/stocks-jump-as-good-news-sets-scene-20100203-nbha.html
Isn't it interesting when the big guys want to sell or buy, they can always come up with a reason.
Interest rate goes up could be seen as a deterrence for borrowing. Now it is steady, it is thought to be no increase in revenue. You just can't win! Funny world, funny market!
why is westpac coming under pressure, page-3
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