COVID cases continue to improve
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Victoria has recorded 1510 new locally acquired COVID cases and four deaths:

By contrast, NSW has recorded 282 locally acquired cases and one death:

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The next chart plots daily cases across both jurisdictions:

Active cases are shown below:

Victoria’s positive test rate remains high at 2.71%, according to COVIDBaseAU:
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However, in good news, Victoria’s Reff has fallen below 1.0 to 0.92:

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By comparison, NSW’s positive test rate was just 0.40%:

However, NSW’s Reff has risen to 0.90%:

Steady as she goes.
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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.