Grattan: 80% vaccination rate required to end lockdowns

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The Grattan Institute believes Australia needs an 80% vaccination rate to end lockdowns, and believes we can get there by the end of the year:

Australia’s ‘Zero COVID’ strategy has allowed us to escape the worst of the pandemic so far: our death toll has been among the world’s lowest, our recession among the shortest, and we’ve faced fewer restrictions on our daily lives than almost anywhere else.

But we have paid a heavy price: we are shut off from the rest of the world, and we have frequently been locked down to contain outbreaks. The more infectious Delta variant is making Zero COVID even harder to maintain. Australians have supported a hard-line approach, but they are also tired and frustrated.

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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.