ScoMo opts for Winter virus spike risk

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More than 100 leading researchers from the Group of Eight universities contributed to a “Roadmap to Recovery” report handed to the government this week, presenting both an elimination strategy that could keep strict lockdowns in place until June and a “controlled adaptation” or suppression strategy allowing for restrictions to be eased in May.

Researchers backing the elimination option argued maintaining restrictions for longer could drive a 50 per cent greater economic boost by minimising risk and giving people more confidence to re-engage in the economy. Both strategies backed border restrictions for at least six months, with the potential for travel to New Zealand and other countries under bilateral deals if they had successfully contained the virus.

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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.