Australia’s COVID cases plateau before the big rise
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Victoria has recorded another 1254 COVID cases and five deaths:

By comparison, NSW recorded 276 COVID cases and zero deaths:

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Daily cases remain elevated in Victoria and have basically flatlined over the past four weeks. NSW’s cases have also plateaued, albeit at a far lower level:

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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.