Coronavirus a multi-billion dollar risk to Australian universities as Chinese students stay away

The coronavirus is likely to cost Australia's universities billions of dollars in lost revenue with thousands of international students stranded in China. 

Universities are drawing up plans to hold on to Chinese students by deferring courses and encouraging them to study online and eventually returning to Australia. 

As the economic toll rises, economists at the ANZ bank are predicting the coronavirus along with bushfires will mean a negative quarter of economic growth.

Here's my report from The World Today