pinky barot 206 1831 days ago ustralia 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, the country's largest lender, warned on Monday. Citing data from the bank's live payments system, CBA chief executive Matt Comyn said consumption has fallen heavily in recent weeks as widespread restrictions on the movement of people have hit demand.
