Australia mulls second stimulus package as market slumps on coronavirus - sources


  • World
  • Monday, 16 Mar 2020

FILE PHOTO: Shoppers line up outside a Costco Wholesale store, following reports of coronavirus disease (COVID-19) cases in the country, in Epping, Melbourne, Victoria, Australia March 14, 2020 in this still image taken from social media video. Richard Sharman via REUTERS/File Photo

SYDNEY (Reuters) - Australia is considering a second round of economic stimulus, three sources familiar with the deliberations told Reuters, as Canberra accelerated efforts to contain the spread of the coronavirus that has now killed five people in the country.

Australia has recorded nearly 300 cases of coronavirus and authorities fear a rapid rise in the flu-like respiratory disease.

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