Garvin
Garvin is a financial analyst who has provided insights into the impact of the COVID-19 pandemic on personal finances, noting the effects of government support measures like JobKeeper and JobSeeker on failed direct debit payments. His recent analysis highlights the resurgence of financial difficulties post-pandemic as inflation rises and support policies are rolled back, particularly noting the increasing financial stress among renters and the hospitality sector.
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Australia:
Garvin noted a sharp surge in the share of accounts with at least one failed payment.
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