Victorian COVID cases break new record

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Victoria’s COVID outbreak continues to worsen with the state recording another 1965 locally acquired COVID cases and five deaths:

It was the highest daily count recorded anywhere in Australia since the beginning of the pandemic, with Victoria’s daily cases also towering above NSW:

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Victoria’s active cases have climbed to around 17,200:

A whopping 2.676% of Victoria’s tests over the past 24 hours came back positive, according to COVIDBaseAU:

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Finally, Victoria’s Reff remains above 1.0 at 1.29, meaning cases should continue to rise:

What a disaster.

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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.