It seems that Australia has had some troubles with extreme market manipulation, overleveraged loans that if not paid can cause the bank and in turn the nation to experience troubles.
Currently XEM has deployed in a few small towns do their product is limited since it can not use smart contracts.
Cardano can easily take their market share and expand within the nation in order to provide more stable markets and banking services which would benefit the country and bring further adoption of ADA.
Australia has been having issues for years before the pandemic.
The banks seem to be very irresponsible. A lot of liquidation must be taking place right now. It is a horrific and unacceptable situation that Cardano can easily remedy.