Ann: Credit Corp Group FY23 Media Release, page-30

On the matter of credit growth, and hence PDL supply this is what Encore Capital stated in August 2023:

“Encore’s second quarter performance reflected normalized consumer behavior and a stable collections environment in each of our key markets,” said Ashish Masih, President and Chief Executive Officer. “With lending and charge-off rates steadily rising in the U.S., the growth of portfolio supply and improvements in portfolio pricing continue. Consequently, MCM portfolio purchases in the U.S. in the second quarter matched our Q1 total of $213 million.”

MCM is Mercantile Credit Management – Encore's business in the USA.

It will take a little longer to flush the helicopter money out of Australia, if ever. on the growing number of households are financially stretched, I visited my older brother who is on a Government pension, and he had $60,000 sitting in his bank account. I asked him whence it came, and he said he cannot spend the money that the Government gives him quickly enough. That saving of $60,000 is after he spent $30,000 building a hotrod, that he does not want – he just liked the challenge of building it. Oh, and while I was there he got a $700 fuel card pursuant to The Country Age Pension Fuel Card, courtesy.