Ezycollect30 Jun, 2021Finance
The grim outlook surely has businesses shaking. Australia’s education and travel sectors are already counting losses from the coronavirus spread overseas. On March 3rd, RBA governor Philip Lowe warned about the impending knock-on effect domestically: “The uncertainty that it [the coronovirus outbreak overseas] is creating is also likely to affect domestic spending. As a result, GDP growth in the March quarter is likely to be noticeably weaker than earlier expected.”
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