Nine million Australians could contract COVID-19 by the end of the year, but state health departments forecast that the current wave may peak as soon as next week.
On Friday, NSW Chief Health Officer Kerry Chant said she was “increasingly confident” case numbers would plateau from next week.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com