Covid-19 Australia: Treasurer Josh Frydenberg says lockdowns a thing of the past

Five million Australians have woken to their first day of freedom in 106 days, and one politician says there might be no return to lockdown.

There ought to be no return to life in lockdown as soon as stay-at-home orders are lifted, Josh Frydenberg says.

After 106 days, stay-at-home orders had been lifted throughout NSW on Monday after the state reached the 70 per cent absolutely vaccinated milestone.

Gyms, cafes, eating places, retailers, swimming pools and hairdressers can now reopen and residents can have 10 individuals to their dwelling and collect in teams of 30 outside.

Treasurer Josh Frydenberg has indicated he doesn’t wish to see the state slide backwards into lockdown.

“Well, let’s open up safely and let’s not turn back because the rest of the world is not turning back and neither should we,” he instructed Nine’s Today present.

“A record number of Australians are getting a jab and that is our pathway and our ticket out of this crisis.”

Mr Frydenberg estimates the fallout from the Delta variant has value the Australian economic system $20bn.

He instructed Sky News that the NSW lockdown alone value the authorities $7bn in phrases of Covid catastrophe funds.

The launch of 5 million individuals is hoped to assist kickstart Australia’s economic system after successive lockdowns in NSW, Victoria and the ACT slowed progress.

“We know the economy has been hit hard by the Delta variant, but we also know from other experiences through this pandemic that the economy does bounce back,” Mr Frydenberg instructed Sunrise on Monday.

“Once obstructions are raised, businesses reopen and the kids get back to school and people get back to work, that’s what we are hoping for, that’s what we expect.”

But Deloitte Access Economics mentioned Australia’s financial restoration would depend upon vaccination charges.

“Vaccinations are the best possible stimulus for our ailing economy – with daylight second,” a report into Australia’s economic system mentioned.

“Forecasts for everything from wages to unemployment to hospitalisation and haircuts depend on vaccinations.”

The Treasurer careworn there could be additional financial restoration as soon as worldwide border restrictions and state lockdown restrictions had been eased.

“We will have continued strength in our labour market and those jobs come back as the restrictions are raised,” he mentioned.

“The workforce shortages have been hit during various stages of this pandemic and of course having closed international borders has been one of the reasons for that.

“If we can fast-track and ensure home quarantine is effective and successful, then the international borders can reopen. I know Prime Minister Morrison is very keen to see that happen and we need to re-engage with the world.”

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