People movements plunge 75% amid self-isolation measures

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Roy Morgan Research has released data (here and here) showing the massive drop-off in people movements across Sydney and Melbourne amid the coronavirus lockdown:

Roy Morgan has partnered with leading technological innovator UberMedia to aggregate data from tens of thousands of mobile devices to assess the impact of new Government regulations on social distancing designed to slow the spread of the COVID-19 coronavirus throughout Australia…

The first Australian death from COVID-19 coronavirus was reported on March 1 and from that point the trend for movement data in the Melbourne CBD has changed and rapidly declined since mid-March. The spikes in movement have been earlier in the week and dropped off over the course of the week as retail stores have closed and office workers begin working from home…

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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.