Australian shares on ‘steep decline’ due to coronavirus

Sky News business reporter Edward Boyd says “Australian shares fell about 1.6 per cent on Tuesday morning, which is quite a steep decline”. Mr Boyd told Sky News the “ASX 200 is now trading below the 7,000-point barrier for the first time in 12 days”. “Investors are really quite concerned about the coronavirus and the affect it will have on the global economy,” he said. Image: Getty Via news.com.au — Australia’s #1 news site https://www.news.com.au