NEWS ITEM PART 2

GENERIC STRUCTURE NEWS ☑️ Background event Australia reported its highest daily number of coronavirus-related deaths in three months on Thursday as new infections continued to climb in its second most populous state. Victoria state said it had confirmed another 403 infections, while five people had died from the virus in the last 24 hours. While the social distancing rules - which limited mobility of residents and shuttered businesses - slowed the spread of COVID-19, Australian Treasurer Josh Frydenberg said it has taken a heavy toll on the economy. ☑️ Main Event Australia is experiencing a biggst economic crisis in the last 100 years, economy has taken a big hit and there are many challenges we confront. We can see the mountain ahead Analysts expect the economy will rebound in coming months as life returns to some sort of normal, though much depends on whether authorities can keep a lid on new virus ...