Economics
RBA’s Heath Says Virus Is ‘Serious Downside Risk’ to Growth
- ‘I don’t think we can say that it is just a quarterly shock’
- RBA sees Australia economic growth 2.75% by year end, 3% next
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Australia’s tourism and education sectors are key industries in the firing line of the coronavirus epidemic, and the central bank’s latest forecasts have not incorporated supply chain disruptions, a senior official said.