Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Monday, 29 June 2020

False starts ahead for Melbourne

COVID-free

Australia's amazing run continues for COVID-19, with another day of zero community cases all around the country...except in Victoria.

Unfortunately Victoria saw a worrying 75 new cases today, which makes for the worst day since March for that state.

The curve is therefore taking a second turn north:



Overall this was Australia's worst day since April 10.


There is still on only one ICU case in the entire country, and there were no deaths.

Thus while the rest of the country is easing back restrictions, Victoria is tightening up again - and this is almost certainly going to mean more stimulus for longer.

I discussed this on ausbiz TV this morning here (or click on the image below):