The nightmare continues with Melbourne recording another 238 COVID-19 infections, but they look to be stabilising:
New South Wales’ new cases were steady at 13.
Victoria now has 2026 active COVID-19 cases, 97% of the nation’s total:
Victoria’s total COVID-19 infections have now reached 4,448, and continue to rise fast:
Leith van Onselen is Chief Economist at the MB Fund and MB Super. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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To be fair, it all looks manageable from here. I think the UK were recording 15,000 cases a day at one point (something crazy anyway).
238 is not stabilising its a lag. Next week will 500 etc.
Well, that takes us from a concern, to pants sh1tting.
This is also my preferred 2nd wave social distancing technique.
Everyone is stocked with TP so whats the problem?
And idea how thorough NSW testing is? My guess is that low level of cases is due to testing being limited.
https://data.nsw.gov.au/nsw-covid-19-data/tests
I went to a testing centre to get tested, they said I would need to do a mandatory 72 hour quarantine and then a second test, and it’s not the government’s advice that people in my situation get tested.
So I didn’t get tested !
It made me really sceptical about the whole testing thing, huge disincentive to anyone to might be infected.
13 is an unlucky number too!
That blue line looks like my investment returns! That can’t mean it’s bad, right?
Afterpay?
Meanwhile..
“The New York Times reports that the White House is stripping the CDC of control of coronavirus data:
The Trump administration has ordered hospitals to bypass the Centers for Disease Control and Prevention and send all Covid-19 patient information to a central database in Washington beginning on Wednesday. The move has alarmed health experts who fear the data will be politicized or withheld from the public.”
Might close my usd hedge. That country is going to hell in a hand basket very quickly…
Good to see he is still running the USA like a business. Once the higher-ups get wind of an independent report that makes them look bad it needs to be ‘centralised for reporting oversight’ and promptly change the metrics it was reporting on to ensure the MBA holding dimwit maintains eligibility for their performance incentives.
QAU.AX
stabilise until it jumps again. recall testing lags numbers. No surprise here if jumps again later this week and that triggers lockdown 4
Why the lack of public data re virus strains? Is D614G in Australia? Does that account for the increase in community transmission? If the public knew it is possible that they would be more cautious.
There’s only really one strain of virus. These are just single amino acid changes from a point mutation. As far a the immune systems concerned its all the same virus. Even SARS1 antibodies neutralize SARS 2. The only thing you might get is a weaker virus which would be a good thing.
Greg Hunt on Covid elimination:
“…making promises that can’t be kept in a world where you need have access to trade, to medical supplies coming in, humanitarian arrivals [and] family reunions – all of these critical things.”
Sounds like an economy where you need immigration to keep the wheels turning.
Sounds like they have given up. Given up on the citizens.
Family reunions are critical to our prosperity?