Would have to agree with ET and PeeBee, would never have the clutch disengaged on steep descents and 4wd training I have had has taught the same. Any engine braking is going to assist and occasional light application of brake to keep the speed down or as others have said, fix your handbrake and use that.
Your trip to the Otways, was that the day trip in 2014? It get bloody slippery when it rained but I felt ok with my BFG AT's.