New lockdown ratchets up economic pain in Australian city - News Summed Up

New lockdown ratchets up economic pain in Australian city


The Melbourne lockdown is not only hitting the local economy. After enduring a second lockdown of four weeks, tougher restrictions have been imposed on Melbourne residents for another six weeks. The premier also urged against panic-buying as he announced reductions in meat production across Victoria from late Friday. For many businesses, including Mort’s bookshop, the economic pain is not expected to end in six weeks when the restrictions are relaxed. “It’ll certainly not be before this lockdown ceases and it may not be for many, many months,” he added.


Source: ABC News August 06, 2020 07:50 UTC



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