NSW daily COVID cases hit new highs
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NSW Health has recorded a pandemic high 38,625 new cases alongside 11 deaths:

Victoria recorded 21,728 new cases and six deaths:

Roughly one-in-three people tested across both jurisdictions tested positive for COVID.
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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.