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As things stand, they are still set to be phased out at the end of 2020.

As such, the government has expanded financing channels for businesses such as manufacturers, many of whom have long been troubled by a lack of tangible assets they can pledge as collateral when they are attempting to raise funds.

As to industry, China has metamorphosed from a barely self-sufficient country into the largest exporter in the world over the past four decades. Now the country enjoys a leading position in many fields, including mobile communications and high-speed railway.

As the US financial system deregulated, more than half of the local banks that had financed local companies went out of business－either by failing or by being absorbed into a few big banks. Actually, deregulation is the wrong word: the big banks were allowed to compete nationally, but many new regulations and reporting requirements were so expensive that small local banks could not cover the legal or information technology costs.

As the event came together and COVID-19 case numbers fluctuated within Australia however, Triggs was never quite sure that anybody would actually be able to see it.