Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Second virus wave may cost Australia $80b

Cormann

Mathias Cormann talks to the media. Source: AAP

Finance Minister Mathias Cormann has warned a resurgence in coronavirus could cost $80 billion over two years.


Published

Updated

Presented by Yang J. Joo

Source: SBS



Share this with family and friends


Finance Minister Mathias Cormann has warned a resurgence in coronavirus could cost $80 billion over two years.


Finance Minister Mathias Cormann has warned a second wave of coronavirus could cost the Australian economy $80 billion over the next two years.

His calculation came as global share markets erupted into a sea of selling on fears of a pandemic resurgence, killing off optimism for a quick recovery.

For the full article in English please click here.


Latest podcast episodes

Follow SBS Korean

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Korean News

Watch it onDemand

Watch now