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Aussie stock market suffers $200 billion loss in second-worst week ever

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The Aussie Dollar, which is also heavily reliant on global trade, slipped to a fresh ten-year low of US65.28 cents. 9News

"Loss of occupancy in sectors like childcare will be a problem with the new government payment regime where they get nothing for absent days," says Mr Ryan.

* It is difficult to quantify the impact on demand for goods, services and global growth given no one is sure how long it will last and if it can be cured * Markets at record highs, such as the Australian Securities Exchange, are down in line with other markets, like commodities, that have already droppedWHAT IS THE IMPACT ON LOCAL SHARES?

 

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