**Exhibit 7**

 

**Computation of consolidated ratio ofearnings to fixed charges**

 

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

 
| ** **                                                                   | ** ** | **(in millions of AUD except ratios)** | ** ** |
|------------------------------------------------------------------------------|------------|-----------------------------------------------------------------|------------|
| ** **                                                                   | ** ** | **30-Sep**                                                      | ** ** | **30-Sep** | ** ** | **30-Sep** | ** ** | **30-Sep** | ** ** | **30-Sep** | ** ** |
| ** **                                                                   | ** ** | **2009**                                                        | ** ** | **2008** | ** ** | **2007** | ** ** | **2006** | ** ** | **2005** | ** ** |
| ** **                                                                   |       |                                                            | ** ** | ** ** | ** ** | ** ** | ** ** | ** ** | ** ** | ** ** | ** ** |
| Profit  before income tax                                                    |       | 6,096                                                           |       | 5,219 |   | 5,148 |   | 4,547 |   | 4,172 |   |
| Add fixed  charges                                                           |       | 18,930                                                          |       | 21,958 |   | 15,849 |   | 12,529 |   | 10,365 |   |
| Less  minority interest in subsidiaries that have not incurred fixed charges |       | (71                                                             | )          | (73 | ) | (67 | ) | (54 | ) | (251 | ) |
| **Earnings before tax and fixed charges**                                    |       | 24,955                                                          |       | 27,104 |   | 20,930 |   | 17,022 |   | 14,286 |   |
|                                                                         |       |                                                            |       |   |   |   |   |   |   |   |   |
| Interest  expense                                                            |       | 18,800                                                          |       | 21,859 |   | 15,762 |   | 12,449 |   | 10,285 |   |
| Portion of  rent estimated to represent interest expense                     |       | 130                                                             |       | 99 |   | 87 |   | 80 |   | 80 |   |
| **Fixed charges**                                                            |       | 18,930                                                          |       | 21,958 |   | 15,849 |   | 12,529 |   | 10,365 |   |
|                                                                         |       |                                                            |       |   |   |   |   |   |   |   |   |
| **Ratio of earnings to fixed charges**                                       | ** ** | **1.32**                                                        | ** ** | **1.23** | ** ** | **1.32** | ** ** | **1.36** | ** ** | **1.38** | ** ** |

 

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