Victoria records 1612 COVID cases, 8 deaths

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Victoria has recorded another 1612 locally acquired COVID cases and eight deaths:

It was the lowest daily case count since 6 October:

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However, active cases have climbed above 19,000:

2.204% of Victoria’s cases over the past 24 hours came back positive – a reduction from recent days, according to COVIDBaseAU:

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Victoria’s Reff has also fallen to 1.23, suggesting cases should increase at a slower rate:

Some positive signs amid the Melbourne gloom.

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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.