Read The Times Australia

Daily Bulletin

Vital Signs: 4 things Australia's COVID response got right

  • Written by: Richard Holden, Professor of Economics, UNSW

2020 began simply, if dramatically enough in some sense.

We spent the first months preoccupied with bushfires that blackened both our natural environment and our international reputation for taking climate change seriously. Who would have thought that would have been the easy part?

Then came a global pandemic, the largest public health emergency and greatest economic contraction in a century.

Australia has emerged as the nation that may have dealt with these twin crises the best. But it was not obvious we would do so — certainly not in February 2020.

It is important to scrutinise the reasons for our success. In particular, what parts are due to good policy, and what parts to luck?

Tentative beginnings

Australia’s initial response to COVID-19 was less certain than, for example, New Zealand’s. In debates about shutting schools, for example there was always a pull to the policy with the least economic impact.

While most economists have supported putting public health policy first, not all in academia, government or the media have agreed. There has been much talk about “the Swedish model”, achieving “herd immunity” naturally, and that the costs of lockdowns far outweigh their benefits.

On March 10, I declared the opposite, in article published by the Australian Financial Review. Rather, I wrote, “the economic costs of being reactive are likely to be much larger than the costs of being decisive”.

Read more: Vital Signs: the COVID-19 crisis in aged care shows elimination is the only effective strategy

At the time the article was published there were 93 cases of COVID-19 in Australia and three deaths. It was the week Prime Minister Scott Morrison declared he would attend a rugby league match just moments after outlining the government’s advice to ban large crowd gatherings. Our borders were still gapingly open.

I said in that piece “one doesn’t need to be an epidemiologist to understand the logic of exponential growth”.

We got our dose of exponential growth, with cases and deaths, respectively, growing quickly. Our leaders got the message and acted decisively. Morrison even gave up on his beloved Sharks games.

Read more: Vital Signs: the cost of lockdowns is nowhere near as big as we have been told

4 keys to Australia’s COVID success

With relatively swift action, we got four crucial things in place:

  • we lowered the base rate of infections

  • we got a serious testing regimen in place

  • we developed effective contact tracing

  • we built hospital capacity if things went awry.

These are the facts of the case, and they are undisputed.

The places that didn’t do these things used Olympic ice rings as morgues (Spain) and dug temporary graves in parks (New York). We did better. We would not have done better had we listened to the naysayers.

Vital Signs: 4 things Australia's COVID response got right Bodies of people who died with COVID-19 are buried in a trench on Hart Island, in the Bronx borough of New York, on April 9 2020. John Minchillo/AP

The year evolved. And so did we. And so did our national debate.

Victoria made a colossal mistake, for which there still needs to be a proper accounting. But if we have learned nothing else from 2020, it is that expertise and informed public debate are essential for good policy.

Read more: Vital Signs: Victoria's privatised quarantine arrangements were destined to fail

Top marks for a work in progress

Australia’s economic response has been world-class.

Fiscal support measures such as JobSeeker and JobKeeper were crucial to a public health recovery leading to economic recovery.

But the job is not done.

Sure, the JobSeeker benefits need to taper down over time. But the questions are how much and how fast.

Wage subsidies can’t go on forever, but when to end them without destroying businesses small and large, and jobs along with them?

These will be be the hard questions for Treasurer Josh Frydenberg and the rest of the Morrison government in 2021.

In 2020, nonetheless, it has – through a great measure of skill and some measure of luck – helped avoid a COVID catastrophe in Australia.

Let us hope Scott Morrison deals with the everyday as well as he has dealt with the exceptional.

Authors: Richard Holden, Professor of Economics, UNSW

Read more https://theconversation.com/vital-signs-4-things-australias-covid-response-got-right-152172

Business News

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

Daily Bulletin - avatar Daily Bulletin

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Why Businesses Are Choosing Virtual Reception Services

In today’s fast-paced digital world, businesses are constantly evolving to meet the needs of their...

Why Concrete Pools Offer Endless Design Possibilities

Imagine stepping into your backyard and being greeted by a stunning pool that reflects your person...

How Legal Advice Can Help with Driving Offences

Driving is a part of everyday life for many people. It allows us the freedom to travel, commute, a...

How Experienced Lawyers Support Criminal Defence

Facing criminal charges can be one of the most daunting experiences in a person's life. The stakes...

How media and Digital Marketing agencies Help Brands Stand Out

In today’s hyper-connected world, standing out is more challenging than ever. Brands are competing...

How to Choose the Perfect Honeymoon Destination

Your wedding day is just the beginning of an incredible journey together. After saying "I do," it’...

Walking Shoes vs Running Shoes: Which Are Better for Daily Walking?

Running shoes have become the default athletic footwear for a lot of people who rarely run. That ...

What Happens to Your Rubbish After It Leaves the Kerb

Most of us don’t think much about rubbish once the bin lid closes. The truck arrives, the bins are e...

Thermoplastic vs. Paint: The True Long-Term Cost Comparison

Line marking looks like a simple line item on a school maintenance budget, until the true cost of ...