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1.Market Observations, 8.Was Sticky

12 Feb 2020 (TheAge) – Second wave of the coronavirus crisis hits corporate Australia

(12 February 2020, The Age, Business. p23, Elizabeth Knight)

‘Tuesday’s profit downgrade by Cochlear represents the second-wave impact for Australian companies in response to the coronavirus crisis. There will doubtless be more before this episode turns the corner. The first wave, which became evident in January, hit Australian companies directly exposed to China in the travel, tourism and education industries – think airlines, hotels and casinos.’

Read more at TheAge.com.au

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