Coronavirus threatens Australian economy reeling from drought and fires
by Ben Butler from on (#4YXXN)
Reserve bank governor Philip Lowe says latest outbreak could wreak more economic damage than Sars
The coronavirus outbreak may further hurt an economy already suffering from bushfires and drought, the governor of the Reserve Bank says.
In a speech to the National Press Club in Sydney, Philip Lowe said the RBA was closely monitoring the economic effect of the epidemic, which has killed more than 490 people.
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