Australian COVID-19 infections plunge

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Australia recorded only 6 new COVID-19 infections overnight, with only 3 locally acquired:

Victoria recorded only 1 new case, with its rate of infection collapsing:

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Melbourne’s 14-day average rate of infection has cratered to only 6.4, only marginally above the 5 required to ease draconian lockdowns:

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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.