"Worse than SARS" - Reserve Bank boss warns on Australia's coronavirus exposure

The Reserve Bank has downgraded Australia's near-term growth forecast as a result of bushfires, drought and coronavirus. 

In its quarterly statement of monetary policy released this morning, the RBA sees growth to June of 1.9 percent down from 2.6 percent. Dr Lowe says Australia is exposed to the coronavirus and that the impact could be worse then the SARS epidemic in 2003. 

Here's my report from The World Today