You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

7 Feb 2020 (TheAge) – Government prepares for virus economic downturn as fires hit retailers

(7 February 2020, The Age, p8, By Shane Wright)

‘The Morrison government is preparing Australians for a large hit to the economy and the budget bottom line from the coronavirus outbreak and the summer’s bushfires amid growing concern the financial hit from both will be larger than first thought. As December retail figures showed the bushfires contributed to the worst Christmas shopping period in a decade, one analyst warned efforts to control the coronavirus were likely to have a bigger economic impact than the disease itself.’

Read more at TheAge.com.au

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: