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Deadly bushfires could plunge Australia into a Recession as consumers stop spending and entire businesses are threatened, experts say

January 06, 2020

More than 6million hectares of bushland has already burnt, threatening homes and lives and putting residents on edge, particularly in New South Wales and Victoria. Before the infernos intensified retail sales were already struggling with cash register activity during the past financial year posting the weakest annual growth since the 1991 recession.