Yesterday I saw SCOMOs presser, 60 minutes, TV , radio , newspaper and social media...information overload. It’s so hard to work out the truth.
My take is that there are shoots of good news, the growth rate has slowed, but if we take the foot off the peddle that will soon change.
The 6 months has always been a time period where we will have some form of restrictions in. What is likely is that there will be some social distancing and pretty severe restrictions on travel for 6 months or so.
Even if we are successful in slowing down the virus many parts of the world are not so we can’t import a 2nd wave.
I would have thought the best case scenario is to get the virus under control enough to be able to loosen restrictions to a point that there can be some economic activity but to maintain fortress Australia for a longer period.
We aren’t anywhere near that yet however