Treasurer Josh Frydenberg says it’s “too early to tell” what the economic impact coronavirus will have on Australia but admits it will be “significant” — dismissing speculation it could be up to $1 billion per month. “China is our number one trading partner, it’s the number one source of foreign students, it’s the number one source of tourists,” Mr Frydenberg told Sky News.
“We have a large number of students, more than 200,000 from China last year, we have more than 1,4 million tourists from China.
“We will be impacted here at home.”
Mr Frydenberg said Australia is "more integrated economically with China today" than it was during SARS epidemic.
Image: News Corp Australia
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