Morrison vaccine rollout turns billion dollar debacle

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It began with a vaccine procurement process driven by the Morrison Government’s usual lack of process. Instead of a considered approach, we had a rushed grab for vaccine lifeline from a Liberal Party lobbyist. As such, Australia was exposed to singe-vaccine disruptions and, as it happens, problems with it did arise.

Our chosen Liberal Party aligned Astra Zeneca vaccine suffered a series of blows in Europe and the US, from challenges to its testing data to concerns over thrombosis. All of which have now been resolved and the vaccine is back in action. But the legacy is skyrocketing vaccine hesitancy for AZ in Europe:

Gimme choice!

Gimme choice!

And the same vaccine hesitancy filtering through to Australia, it was always going to:

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  • Doctors report rising AZ hesitancy.
  • Especially among migrants and the elderly.
  • 20% hesitancy is the guesstimate.

That said, there is not such a problem because the supply of the vaccine has been so terrible:

  • Doctors have very limited vaccine supply, as little 5o shots per week.
  • They have invested in infrastructure to supply it but there isn’t any.
  • Meanwhile, Government promotions have triggered a demand surge for which there is no supply.
  • The crushed revision targets need to be crushed again:
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When at first you don't succeed, lower you targets

When at first you don’t succeed, lower you targets

In better news, we are now beating Africa:

Australia emerges from Third World

Australia emerges from Third World

Meanwhile, in the regions, doctors haven’t even been jabbed with the Pfizer vaccine as they admininster what AZ that there is.

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In short, it is unbelievably slow, unco-ordinated, poorly planned from go to wo, and costing Australians tens of billions of dollars as the rest of the world opens up.

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.