As coronavirus spreads, businesses warn stock delays could worsen.
International education was a $34 billion sector for Australia in 2018-19, and Chinese students brought in an estimated $12.1 billion that year.
But now that students have stopped coming due to travel bans, there would be a ripple impact, with accommodation providers, cafes and restaurants all impacted. Ross Garnaut's climate change prediction is coming true and it's going to cost Australia billions, economists warn.He said it took three months for the company to bounce back after SARS, but warned the travel industry may generally suffer if people are not confident to head overseas.
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