27 Jul Coronavirus continues to cause havoc globally and in Australia
Key Points:
- The news on coronavirus has been bleak again lately – with rising cases globally & the ongoing NSW lockdown.
- However, there are five reasons for optimism: lockdowns still work against Delta (eg, in SA & Victoria);
vaccines are working; once lockdowns end economic activity rebounds quickly; the threat posed by Delta will
keep fiscal & monetary policy easier for longer; and vaccinations are ramping up in Australia.
