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Australia's top retail bank boss warns of sharp economic slowdown

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Australia faces a 10 per cent economic contraction in the March quarter as shockwaves from the coronavirus pandemic rip through the economy, the head of the Commonwealth Bank of Australia (CBA), the country's largest lender, warned on Monday.

[SYDNEY] Australia faces a 10 per cent economic contraction in the March quarter as shockwaves from the coronavirus pandemic rip through the economy, the head of the Commonwealth Bank of Australia (CBA), the country's largest lender, warned on Monday.

Citing data from the bank's live...

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