[iridium_core]

Australia also forecasts that it will increase its Federal debt by AUD$500 billion due to the pandemic - AUD$20,000 per person.

Meanwhile aged care deaths in the most heavily affected state, Victoria, are actually down 1,000 YoY. Its almost certain that the majority of the COVID deaths that did occur in Melbourne were with COVID - ie. people of advanced age and serious existing health conditions who would have died around this time anyway.

[waterglassFull]

My comments weren't about Australian financials; however the lockdown isn't the only contributor

- The political fallout between China and Australia is worsening, the long term ramifications don't look good. This isn't attributibal to the lockdown.

- Australia's short term economy is currently recovering well after lockdown [1]

[1] https://www.reuters.com/article/australia-economy-budget/aus...

[ketamine__]

The fallout between China and Australia is because of Australia's incredibly aggressive Covid strategy and rhetoric.