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No surpise, really, but worth noting:
ANZ data show a steep drop in spending in major Australian airports in Feb reflecting #coronavirus travel bans and lower demand for international travel. Steadier spend in smaller airports suggests this is limited to international travel. @Adelaide__T #ausecon @DavidPlank12 pic.twitter.com/eVhCcJ9piT
— ANZ_Research (@ANZ_Research) February 19, 2020
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.