Source: Reuters
The Market Online - At The Bell

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

  • Victoria draws closer to reaching its 70 per cent first dose vaccination target
  • Melburnians will soon be able to travel to up to 10 kilometres from their home and have an extra hour of outdoor exercise
  • Premier Daniel Andrews is expected to announce a roadmap out of lockdown on Sunday with the state being in stage four lockdown since August 5
  • On Wednesday, 423 cases and more deaths were recorded, down from 445 cases on Tuesday
  • Mr Andrews has just confirmed that the regional town of Ballarat will enter lockdown at 11:59 pm tonight with the lockdown in Shepparton to end

Victoria is drawing closer to reaching its 70 per cent first dose vaccination target.

As previously announced, the Victorian Government has promised to double the travel limit for Melburnians to 10 kilometres and allow an extra hour of outdoor exercise once this target is reached.

Outdoor personal training can resume and outdoor communal gym equipment and skate parks will reopen.

Around 68 per cent of the state’s adult population has received at least one dose with the 70 per cent target likely to be reached this week.

This is one week ahead of schedule with a 70 per cent first-dose vaccination rate expected on September 23.

Premier Daniel Andrews is expected to announce a roadmap out of lockdown on Sunday.

“There will be a map that talks about what we are going to do in the rest of September, what we’re going to do in October and November,” Mr Andrews said.

“It will be subject to all sorts of things including how many people are in hospital.”

Melbourne has been in stage four lockdown since August 5 with most of regional Victoria enjoying relaxed restrictions from September 9.

On Wednesday, 423 cases and more deaths were recorded, down from 445 cases on Tuesday.

Ballarat lockdown

Mr Andrews has just confirmed that the regional town of Ballarat will enter lockdown at 11:59 pm tonight with the lockdown in Shepparton to end.

The Ballarat lockdown will last seven days after two new cases were reported in the region. Both are household contacts of a case announced yesterday.

However, Chief Health Officer Brett Sutton says it is likely there’s been a week of community transmission after wastewater detection picked up the virus from September 8.

“So there are likely to be more cases and it is for that reason that going to an immediate lockdown is really the right response,” Mr Sutton said.

More From The Market Online
AI concept

The great AI scare sell-off is still permeating Wall Street; a speculative blog from the not-so-distant future stands as the latest culprit

The ongoing tech sell-off in the United States, ironically driven by the larger AI thematic itself, continues to define
US and Aus flag

The XJO benefitted from geopolitical calm last week. New tariff fears perhaps feel more familiar

Last week, I wrote that the ASX200 was having a good week, where Australian investors were reacting to Australian earnings reports and how

Okay, so just where is gold heading? Experts say its nowhere near finishline yet

Leading industry, government and investment groups are still confident that the gold’s bull run is nowhere…
Koala share trading AI

The ASX 200 is up over 4% YTD. What EOY targets are floating around?

It’s been a pretty good year for the ASX200 so far, helped greatly by the ‘commodity supercycle’ narrative – which isn’t really a