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The impact of the coronavirus outbreak on the Australian economy will be more significant than the consequences of wildfires. In December 2019, the Australian government downgraded its budget surplus forecasts for the current and next fiscal years, noting the negative impact of the US-China trade dispute on the global economy (PWC, 2020). Earlier in February, the Reserve Bank of Australia (RBA) warned that the coronavirus was a source of uncertainty for the economy, but did not provide an estimate of its impact on the country's GDP growth. In the fall of 2019, large-scale wildfires began throughout the country, as a result of which more than 30 people died and thousands of homes were destroyed. According to the RBA, the fires will reduce the country's GDP growth by 0.2 pp. in the second and third quarters of the current fiscal year. The central banks of Australia and Malaysia joined the fight against the consequences of....