Australia shares set to tumble as coronavirus spreads, NZ down

Australian shares are set to tumble on
Friday, tracking major U.S. stock indexes which briefly slipped
into correction territory overnight as fears mounted over the
rapid spread of the coronavirus across the globe.
Governments from Iran to Australia raced to contain the
outbreak’s spread, with new infections reported around the world
surpassing those in mainland China. Prices of oil, iron-ore and
other base metals all slipped.
The local share price in