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New data from Roy Morgan Research tracking people movements across Australia’s capital cities shows that activity across Melbourne’s and Sydney’s CBDs was less than half their pre-COVID level at the end of April.
Across the smaller capitals, people movements remained less than two-thirds of their ‘normal’ level:
People movements across Australia’s capital cities remains depressed.
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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.