Advertisement
New people movements data from Roy Morgan shows that Australia’s CBD traffic remains less than half its pre-COVID level, with Melbourne and Sydney down the most:
Less than half pre-COVID levels.
According to Roy Morgan, Melbourne people movements fell to levels not seen since Melbourne’s 14-week hard lockdown last year, whereas Sydney CBD people movements fell to their lowest level since the three-week Northern Beaches outbreak over the Christmas/New Year’s period.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement