Australian PM Morrison says the economy will be significantly hit from coronavirus

Prime Minister Scott Morrison on Thursday - says the virus outbreak in China will be "a real weight on the economy"

I posted yesterday on ANZ slashing its GDP forecast into negative:

• ANZ project negative economic growth in Q1 for Australia - what the RBA will do

Westpac also lowered its projection:

• Westpac have an April RBA rate cut forecast, but say Lowe might take more time to be convinced

So ScoMo comments not news really. He speaks to a broader audience than do bank analysts though, preparing the voters for the bad news to come.

Morrison and a bunch of photobombers