July 2020 marked the estimated maximum of bank loan deferrals in Australia, with $245B of loans paused
Australian bank customers recovered quickly from the initial economic shock of COVID-19. The total value of loan deferrals dropped by 97% from $245B in July 2020 to $10B in Feb 2021.
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Bank lending to agribusiness has risen to a record $104.7b as at September 2022.
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Mobile Apps averaged $18k per scam. 12% of reported scams resulted in financial losses for a total of $336 million lost.
Agribusiness
Top 20 agri, by turnover
Australian agriculture sectors, ranked by turnover, June 2021.