I have some questions. :hmm3grin2orange:
In the pic with the money in the slot it sure looked rotten hollow, so ...
How hollow?
Is there any heartwood left?
And, did you get it tested or seen to by a termite guy? Do you get termites in trees there?
If you work in the council, could you not call on the engineers dept to design a suitable prop?
What you have is this, the prop actually designed
assuming all the force presented is directly down the axis of the prop. WRONG.
When/if this tree fails it it will most likely hinge on the roots marked in the yellow circle and fall as shown by the yellow arrow. That will simply push your prop over to the right and flatten it.
The red shows a prop a 90 degrees to the vector angle of the fall, the same way you'd be standing there trying to push the tree back up.

The yellow long line from the ground shows the lean and weighting (axis).
You'd best have 2 front poles at angles as the tree most likely will fail in wind and sway about, the third pole at the back would be to strengthen and stabilize the prop.
Your prop is fundamentally flawed and I would stick it into the council big time if there was an injurious failure ... especially if the council has an engineering dept and the lawyers read this post. :hmm3grin2orange:
The prop would have to be designed in accordance with wind loading engineering factors, leverages calculated. Most towns have an engineering wind code and safety factor so straw houses aren't built in tornado alleys.
See my pic.