‘The world is overreacting’ to the coronavirus threat
over 4 years in dailytelegraph
Sky News Contributor Nicholas Reece says he thinks the "panic buying is ridiculous" as Australians across the nations are flocking to stock up on supplies due to coronavirus fears.
Australian shares dropped three per cent in early trade on Monday, falling to their lowest level since April 2019.
It comes in the wake of the report NSW health authorities believe two patients have contracted coronavirus via person-to-person contact for the first time in Australia.
NSW health minister Brad Hazzard confirmed on Monday there are now three new cases of coronavirus, bringing the total number of cases to nine in the state.
"Last time I checked you could buy pretty much all things online in this country," Mr Reece told Sky News host Peta Credlin.
"The bigger story here I think is about the overreaction that is going on".
Image: Getty
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