It's good that they are prepared to do something before there are lots of defaults in commercial sector. I wouldn't worry too much. On the positive note A$ is now 0.8180. All it needs is another 3 cents movement to cancel FX hedges losses. Looking at all the valuation report & their correscponding sp movement I think CER will be pretty much at 10cents level if losses are moderate.
mdt valuations out, page-14
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