COVID cases fall again

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Victoria has recorded another 1749 new locally acquired COVID cases and 11 deaths:

By comparison, NSW has recorded only 273 locally acquired COVID cases and four deaths:

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The next chart plots the daily cases across both states, which are both on the decline:

Active cases also look like they are peaking in Victoria, and have fallen sharply in NSW:

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In other news, retailers have slammed the Victorian Government for not allowing retail to open to inside trade alongside hospitality on Friday. Australian Retailers Association CEO Paul Zahra warns that most general retailers will remain closed until the 80% vaccination target is reached in November.

Meanwhile, NSW Health Minister Brad Hazzard says the state government hopes that all categories of elective surgery can resume in the week beginning 25 October. Sources have indicated that this will most likely initially be at around 75% of normal capacity. Elective surgery at both public and private hospitals has been suspended in response to the Delta variant, although some day surgery procedures resumed in early October.

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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.