Yes - and the majority of the bank lending is done in the international market which has nothing to do with the RB interest rate. Banks should be allowed to c

Yes - and the majority of the bank lending is done in the international market which has nothing to do with the RB interest rate. Banks should be allowed to charge whatever interest rate they like. It's bad enough that there is a centrally fixed interest rate, but that's workable as long as there aren't rules that say everyone has to borrow at that rate.