Daily COVID cases plummet to multi-month lows

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Victoria has recorded 860 new locally acquired COVID cases over the past 24 hours alongside five deaths:

By comparison, NSW recorded only 165 cases and one death:

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The next chart shows that Victoria’s daily cases have fallen to two year lows, whereas NSW’s daily cases are running at around three month lows:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.