Australia’s major CBDs remain ghost towns

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New data from Roy Morgan shows that people movements across Australia’s CBDs remains well below pre-COVID levels:

A special analysis of movement data in Australia’s Capital City CBDs during January 2021 shows movement levels in the first half of the month are well down on the same period a year ago – by as much as 72% in the Melbourne CBD and 66% in Sydney CBD.

Both cities have been under restrictions during the early part of the year with mandatory mask wearing on public transport and in shopping centres and supermarkets as well as restrictions on the size of gatherings allowed in people’s homes and at entertainment and sporting venues. For much of this period the Northern Beaches local council area in Sydney with a population of over 250,000 was also under a harsh stay-at-home lockdown.

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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.