NSW COVID cases crash to 360

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NSW Health has recorded only 360 new COVID cases and five deaths:

The next chart plots the collapse in cases in NSW versus Victoria’s:

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As you can see, NSW’s daily cases are at their lowest in around 60 days.

NSW’s active cases are also crashing, whereas they are rising in Victoria:

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Finally, NSW’s Reff is below 1.0 at 0.76, according to COVIDBaseAU:

This means that cases should continue to fall; although with Sydney reopening yesterday, the situation is likely to change.

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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.