Australia's embattled tourism industry is hemorrhaging $3 billion every month as thousands of visitors cancel their holidays amid the coronavirus outbreak. The devastating knock-on effects could see tourism losing $3 billion per month across Australia, Tourism and Transport Forum (TTF) CEO Margy Osmond told the Sydney Morning Herald. This is around one-third of the total tourism to Australia, but travel from China has been banned for weeks. If 20 per cent of Australia's population of 24 million were to become infected then 4.8 million people would have the illness. If 40 per cent of people caught the coronavirus, that would leave 9.6 million people ill and could kill 100,000.

Source: Daily Mail March 16, 2020 22:30 UTC