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Property leaders' plea: Open the borders, end the lockdown


Leaders in the property, retail and hospitality sectors have called for border closures to be abandoned across the country and for Victoria's strict lockdown to be eased more quickly, warning the economic harm of a prolonged recession far outweighs any medical benefit from the controls. With Victoria recording just 11 new coronavirus cases on Monday, property executives are urging the southern state to accelerate plans to reopen the economy. As well, Queensland's border closure is ringing alarm bells over the future of that state's tourism sector as summer approaches.

Australian Financial Review - September 22, 2020

View the full story here: https://www.afr.com/policy/economy/property-leaders-plea-open-the-borders-end-the-lockdown-20200921-p55xnr