COVID numbers continue to improve

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Victoria has recorded another 1656 new locally acquired COVID cases alongside 10 deaths:

By comparison, NSW has recorded only 268 new locally acquired COVID cases and two deaths:

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The next chart plots daily cases across both jurisdictions, which continue to fall:

And below are active cases across both states:

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Victoria’s positive test rate was 2.36%, according to COVIDBaseAU:

More importantly, Victoria’s Reff has fallen further below 1.0 to 0.81:

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NSW’s Reff is also below 1.0 at 0.81:

COVID numbers continue to improve.

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.