Banks warned of rate 'wrath'

THE nation's banks have been warned they will face the "wrath of the Australian government" if they push up mortgage rates in the face of a decision announced yesterday to stop guaranteeing their overseas borrowings.

Swan sends rate warning to banks

BANKS have been warned they will face the "wrath of the Australian government" if they push up mortgage rates after a decision announced yesterday to stop guaranteeing their overseas borrowings.