COVID-19 wave to ‘peak soon and drop quickly’
Michael ReadEconomics correspondent
The nation’s top doctor says Australia’s fourth omicron wave is near its peak and case numbers should drop sharply soon after, despite a near-50 per cent increase in infections over the past week.
Chief Medical Officer Professor Paul Kelly said Australia was nearing the middle of the current wave based on multiple indicators including furloughing of staff, ambulance call-outs, wastewater testing and aged care staff positivity rates.
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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
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