Pwinnie, sorry to spoil your party.
NAB and Westpac needed the emergency secret loans from the US Federal Reserve during the GFC.
Just read it before posting again. If you don't like the web site, this info can be found elsewhere. It's public domain knowledge that strangely everyone wanted to ignore. But NO MORE !
http://www.moneymorning.com.au/20110107/the-banks-finally-reply.html
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"millions trapped by property slump" , page-56
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