Thanks for your reply. I was afraid that was going to be the answer I would get. I still think because of the total lack of independents in Sydney, an SP could operate quite discreetly, very selectively and still be busy as she wanted to be. There are also opportunities for SPs that might not do too well in the big city (non PSEs, etc.) due to intense competition but as long as she provided an adequate and honest GFE service she would have to limit the number of clients she could take on as there just wouldn't be enough time. I was hoping there were at least one or two such choices that were operating in under the radar by word of mouth only but I guess that is not the case. I would agree with your point about it being an economically depressed area with no free cash flow if the new car dealerships weren't doing so well and there wasn't so many of them.
Thanks again for the reply.