Virus triggers surplus retreat

Original article by Rosie Lewis, Simon Benson
The Australian – Page: 1 & 8 : 26-Feb-20

The global death toll from the coronavirus has risen to 2,711, and more than 80,000 people worldwide have been diagnosed with the respiratory illness. Meanwhile, Treasurer Josh Frydenberg has warned that the virus will have a greater economic impact on the Australian economy than the summer bushfires, while Prime Minister Scott Morrison has stressed the impact of the virus is not restricted to the education and tourism sectors. Chris Richardson of Deloitte Access Economics says there is still a chance that the government will achieve a Budget surplus for 2019-20.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, DELOITTE ACCESS ECONOMICS PTY LTD

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