Singapore seals border to Australia

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Only three months ago, Singapore was experiencing a massive surge in COVID cases that dwarfed anything Australia has experienced:

This September outbreak produced a peak COVID death rate of only 2.5 people per million residents:

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Now with Omicron cases taking off, Singapore has sealed its border shut to Australia and 19 other nations included in its travel bubble:

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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.