[4]  See, for example, the OECD's latest scoreboard on ‘Financing SMEs and Entrepreneurs’ <https://www.oecd.org/cfe/smes/financing-smes-and-entrepreneurs-23065265.htm> and G20/OECD high-level principles on SME financing <http://www.oecd.org/finance/G20-OECD-High-Level-Principles-on-SME-Financing.pdf>  [5]  Indeed, Australia was the largest non-traditional finance market in the Asia Pacific region after China and the seventh largest globally in 2018 (the latest year with comprehensive data).
Given the significant challenges faced by the euro area over recent years, this is a great achievement – especially for a young central bank responsible for a new currency in a newly created single currency area comprising 16 countries and 330 million citizens.