Global stock markets are falling due to Coronavirus.
The ASX-200 dropped just shy of 10 per cent. Wall Street and Germany's DAX both shed 12 per cent, the FTSE in Britain fell 11 per cent and Japan's Nikkei was down 10 per cent.
Finance experts are saying those declines on market have merely taken us back to the levels we saw last August, illustrating just how hard the boom here has been running, even as our economy has been slowing.
The market drops coincide with Australia’s first death from the coronavirus in Western Australia over the weekend.