**Exhibit 7**

 

**Computation of consolidated ratio of earnings to fixedcharges**

 

The following table sets outthe calculation of the ratios of earnings to fixed charges (unaudited) for theperiods indicated. The ratios are calculated based on earnings and chargesdetermined in accordance with A-IFRS.

 

**STATUTORYFIGURES**

 
| ** **                                                                   | ** ** | **(in millions of AUD except ratios)** | ** ** |
|------------------------------------------------------------------------------|------------|-----------------------------------------------------------------|------------|
| ** **                                                                   | ** ** | **30-Sep**                                                      | ** ** | **30-Sep** | ** ** | **30-Sep** | ** ** | **30-Sep** | ** ** | **30-Sep** | ** ** |
| ** **                                                                   | ** ** | **2010**                                                        | ** ** | **2009** | ** ** | **2008** | ** ** | **2007** | ** ** | **2006** | ** ** |
|                                                                         |       |                                                            |       |   |   |   |   |   |   |   |   |
| Profit  before income tax                                                    |       | 8,038                                                           |       | 6,096 |   | 5,219 |   | 5,148 |   | 4,547 |   |
| Add  fixed charges                                                           |       | 22,470                                                          |       | 18,945 |   | 21,958 |   | 15,849 |   | 12,529 |   |
| Less  minority interest in subsidiaries that have not incurred fixed charges |       | (66                                                             | )          | (71 | ) | (73 | ) | (67 | ) | (54 | ) |
| **Earnings before tax and fixed charges**                                    |       | 30,442                                                          |       | 24,970 |   | 27,104 |   | 20,930 |   | 17,022 |   |
|                                                                         |       |                                                            |       |   |   |   |   |   |   |   |   |
| Interest  expense                                                            |       | 22,309                                                          |       | 18,800 |   | 21,859 |   | 15,762 |   | 12,449 |   |
| Portion  of rent estimated to represent interest expense                     |       | 161                                                             |       | 145 |   | 99 |   | 87 |   | 80 |   |
| **Fixed charges**                                                            |       | 22,470                                                          |       | 18,945 |   | 21,958 |   | 15,849 |   | 12,529 |   |
|                                                                         |       |                                                            |       |   |   |   |   |   |   |   |   |
| **Ratio of earnings to fixed charges**                                       | ** ** | **1.35**                                                        | ** ** | **1.32** | ** ** | **1.23** | ** ** | **1.32** | ** ** | **1.36** | ** ** |

 

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