Golden opportunity - Gerry Harvey says coronavirus stimulus a boost to local business

Businesses are bracing for the impact of a possible global downturn fuelled by the coronavirus and the rising probability of a recession here in Australia later this year. 

With the forecast budget surplus now almost certainly toast, Treasurer Josh Frydenberg is preparing to roll out an emergency stimulus package perhaps this week to keep businesses open and consumers spending. 

But businessmen Gerry Harvey tells ABC's Peter Ryan says the crisis is an opportunity to help revive local companies who've been hurt by cheap imports from China.