NSW reported a record 21,151 new COVID-19 infections on Friday, but epidemiologists say the true number of infections could be more than double the reported figure given the limits on testing capacity.
The state chalked up more infections in a single day on Friday than it did over the first 76 days of its second wave, which was characterised by the spread of the less transmissible delta variant.
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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
