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Hi TF, I have scanned through the reference document, but was unable to locate a specific reference to the reserve requirement. Are you saying there is a reserve requirement (I know Wikipedia isn't always the most reliable source) because this limits the banks ability to monetize debt, or...

Am I missing something?? How can the ANZ state that the reason for increasing the rates is due to the increasing cost of funding when the reserve requirements for banks to lend in Australia is zero? What is the Reserve Requirement figure? A Reserve Requirement under a fractional reserve...