NSW COVID cases are shrinking fast
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Victoria recorded 1471 locally acquired COVID cases and four deaths over the past 24 hours:

By comparison, NSW recorded only 135 locally acquired COVID cases and four deaths:

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The next chart plots daily cases across both jurisdictions, which have bombed to three month lows in NSW:

Active cases have also fallen sharply in NSW:
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Victoria’s positive test rate has risen to a record high 3.193%, according to COVIDBaseAU:

Whereas Victoria’s Reff has edged higher to 0.91, but remains below 1.0:
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By comparison, NSW positive test rate is only 0.21%:

And NSW’s Reff is 0.74:
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The virus is fast becoming an after thought in NSW.
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.
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