Melbourne lockdown extended for another week

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The daily Victorian COVID briefing is taking place with the lockdown for Melbourne being extended for at least another week; although regional Victoria will come out of lockdown from midnight Thursday.

This will mean that Melburnians will have endured around 23 weeks of hard lockdown since the pandemic began in March 2020.

The state government is now begging the feds for financial assistance – a JobKeeper style program for impacted Victorian businesses.

It will be interesting to watch the fallout from this debacle. I would not be surprised if there is a renewed exodus of residents from Melbourne as we face our second winter of discontent on the back of endless hotel quarantine bungles.

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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.