I think you'll find a few of us with domestic loans might unknowingly be in the same position too. Irrespective of emails or verbals from RMs, the fine prints triggering a default will always get you.
Estoppel might hold up in a court of equity, but then again is there practically such a thing these days to solve your problems? By the time you take HSBC to court, you would've been better off paying the $150k. I'd try FICS then the Banking Ombudsman. It will drown them in paper work and hopefully get them off your back. But then the Aussie has tanked pretty heavily in the last couple of weeks, and yours will not be the only position on their books being called...
Estoppel might hold up in a court of equity, but then again is there practically such a thing these days to solve your problems? By the time you take HSBC to court, you would've been better off paying the $150k. I'd try FICS then the Banking Ombudsman. It will drown them in paper work and hopefully get them off your back. But then the Aussie has tanked pretty heavily in the last couple of weeks, and yours will not be the only position on their books being called...