Open the borders! Only 1.8m beds needed…

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Via Domain:

More than 1.8 million hospital beds could be needed to treat people in an Australian coronavirus outbreak, with the country’s ageing population meaning the virus could hit harder here than it has overseas.

In a worst-case scenario, at least 650,000 beds would need to be in the intensive care units of hospitals, according to Professor Raina MacIntyre, head of the Biosecurity Program at UNSW’s Kirby Institute.

Professor MacIntyre warned the impact on Australia of a coronavirus outbreak could be worse than it had been in China because there are more older people – who are more susceptible to the virus.

In China, about 9 per cent of the population are over the age of 65, compared with Australia where it is about 16 per cent.

Come now, throw open the borders. All of those dead elderly will lift the budget surplus before the next election:

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The more cases, the more deaths, the better the budget.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.