did i read the announcement right, page-11

There is a good chance that if the the west start to debase their currencies as has recently been mooted, debt will become worthless, and the asset market will reflate.

The banks will be trying to get their hands on as many assets as possible over the next two years - either through administration, discounted equity raisings or debt for equity swaps.
And the only tool they have at their disposal is their credit granted over the assets. Expect to get taken to the cleaners by your asset managers and your banks. And dont expect any halp from ASIC or any government. It is all 'legal'.

REIT managers who facilitate their desires will likely be allowed to keep their jobs.