A draft report from Deloitte Access Economics has highlighted the impact of the summer bushfires and the coronavirus outbreak on the Australian economy. The tourism industry is expected to be particularly hard hit, with the number of international visitors forecast to decline by 10-15 per cent in 2020:
Up to 1.5 million international visitors will be lost to Australia due to the coronavirus and bushfire crises…
A draft Deloitte Access Economics report has found that a spike in mass cancellations will result in Australia suffering at least a 10 to 15 per cent drop in international visitors in 2020, though these numbers could worsen if the epidemic is not contained.