Even before the spread of the coronavirus caused global stock markets to tumble, the Australian economy was looking weak. The retail sector has been doing it particularly tough, with several big names including Jeans West going under in recent months.
Read more here: https://www.abc.net.au/news/2020-02-27/retail-slump-off-the-scale-as-stunted-wage-growth-and-bushfires/12006984
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