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The UK banks are *also* ignoring their central bank and setting rates themselves and the Irish banks are ignoring the ECB and they using the same reasoning as ANZ. There's also the same calls for political action, and complaints from borrowers as here. Though I would say the level of...

I wouldn't go that far myself...A falling Australian property market isn't going to be good for the banks.

The ANZ whinge about their increased funding costs all over their annual report. If they are lying about it the ANZ CEO has a lot more things to worry about then an ACCC fine - like being banned from being a company director for years. They're not that stupid. Also they have no incentive to...

Yes they do have access to the funding mix. http://www.rba.gov.au/publications/bulletin/2011/mar/6.html They have it disaggregated into major bank, regional bank and foreign banks at least. I strongly suspect they have it by individual bank.

(1) I believe they already report this to the RBA and it sounds like the RBA is supporting them. http://www.news.com.au/business/breaking-news/bank-funding-costs-under-pressure-rba/story-e6frfkur-1226306907754 Besides the divergence between the true cost of credit and central bank interest...