https://www.reuters.com/article/us-health-coronavirus-australia-idUSKBN23500J

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SYDNEY (Reuters) - Australia’s biggest state in economic terms said on Friday the coronavirus pandemic could cost it as much A$20 billion ($13.3 billion) in lost revenues over the next four years, underscoring the urgency to revive the country’s stuttering economy. FILE PHOTO: A ferry navigates Sydney Harbour past the city centre skyline and Opera House amidst the easing of the coronavirus disease (COVID-19) restrictions in Sydney, Australia, May 26, 2020. REUTERS/Loren Elliott. Releasing its first estimate of the economic impact of coronavirus, New South Wales (NSW) said budget deficits totalling A$10-20 billion are expected over the next four years, a far cry from its previous estimate i... Full story

29 May

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