Yeah - COVID protections certainly slowed down services. Stats from https://www.afsa.gov.au/about-us/statistics/monthly-personal-insolvency-statistics are pretty revealing (chart below). I'm sure with interest rate hikes and the protections being removed, services will pick up again - there is a slight uptick in recent months, but well off the pre-pandemic levels. They have brought the services business unit out of hibernation recently.
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Yeah - COVID protections certainly slowed down services. Stats...
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No. | Vol. | Price($) |
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4 | 7689 | 0.890 |
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1 | 4000 | 0.880 |
3 | 16140 | 0.875 |
Price($) | Vol. | No. |
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0.915 | 21019 | 2 |
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