Australia heads back into the virus breach

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Via The Australian:

The national cabinet will today pave the way for a return to retail trading, greater freedom of movement within states and getting people back to work, in a landmark meeting to map out a plan for economic recovery.

But Australians will face weeks of tough restrictions in some states as nervous premiers resist reopening the economy, fearing a resurgence in infections despite new cases being reduced to a trickle and just 23 people with the virus in intensive care across the nation, using only 1 per cent of available beds.

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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.