Lieutenant General John Frewen. Source: Department of Defence/Sergeant Bill Solomou.
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Federal officials are planning to roll out COVID-19 booster shots in the near future to prevent a resurgence in cases as Australia’s east coast starts to reopen
  • Infections had been predominantly stamped out earlier this year, but the commonwealth is now aiming to live with COVID-19 through higher vaccination rates
  • So far, the rate of double-dose vaccinations among Australian adults is just under 75 per cent
  • The booster shot will be made available six months after the second dose, with health workers to be included in the initial phase

Officials are planning to roll out COVID-19 booster shots in the near future to prevent a resurgence in cases, as Sydney and Melbourne open up after months of restrictions.

So far, the rate of double-dose vaccinations among Australian adults is just under 75 per cent, and almost 87 per cent of those aged over 16 have had one shot since the national rollout began in February.

Prime Minister Scott Morrison has previously said the country “has to move forward” with the national plan, meaning lockdown measures will be progressively done away with.

“We will live with this virus, like we live with other infectious diseases,” the PM said in August, acknowledging “there will be risks.”

Advice from Australia’s immunisation advisory groups “is imminent,” Lieutenant General John Frewen, head of the vaccination taskforce, told the ABC on Monday.

Health workers, he added — including staff and residents in aged care and disability centres — will be offered the booster doses in the initial phase.

“We think what is going to happen is that a booster shot will be made available from six months from your second dose,” Lieutenant Frewen said.

Amid a surge in vaccinations, Victoria reported 1461 new cases on Monday — the lowest daily rise in almost three weeks. The number of cases in New South Wales, meanwhile, dropped for the fourth consecutive day to 294.

Officials in Victoria are looking to ease more restrictions on gathering and movement from Friday, just a week after Melbourne exited its sixth lockdown.

Double-dose vaccination rates in the state are expected to top 80 per cent by then, meaning masks will not be mandatory outdoors and people will be free to travel throughout Victoria.

That rate is closer to 85 per cent in New South Wales, and is expected to hit 90 per cent next week. The next set of restrictions will be eased on December 1, when lockdown rules will lift for the unvaccinated, according to the state’s reopening plan.

More From The Market Online

Well below US$5K/oz, gold’s surefire status as a safe haven has shifted

In the post-COVID-19 world, it’s almost definitely news to nobody reading this that gold prices have staged a fairly historic run.
The Market Online Video

From the Wire: Why did the RBA cut last year just to walk it all back 12 months later?

The Reserve Bank of Australia made the call to hike interest rates again in CY26, using its second board meeting to bring them
ASX concept

ASX 200 reacts to an RBA 25bps rate hike by… closing somewhat firmly in the green?

Colour me surprised – the ASX200 successfully priced something in for once, with today’s RBA rate hike not scaring the market down into
India Russia flag

Not just AUKUS indexes: USA’s war on Iran visible on India’s NIFTY; Russia’s MOEX

While the Australian market is busy watching Wall Street, gold, and oil prices – and the prices of relevant stocks exposed to those