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Sydney records major spike in cases as Australia turns to crisis mode

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Australia’s most populated state is heading into a bigger crisis, with Sydney recording 390 new cases today

The Premier of New South Wales, Gladys Berejiklian has been told by other state leaders that she must consult national cabinet with an agreed plan to manage a rapidly growing outbreak of COVID-19 in her state.

According to the The Sydney Morning sources with knowledge of the national cabinet discussions, state that Victorian Premier Daniel Andrews and West Australian Premier Mark McGowan warned against unilateral action from individual states.

Under the national plan, states are supposed to use lockdowns and restrictions to pursue zero daily cases of COVID-19 transmitted in the community until at least 70 per cent of eligible Australians are vaccinated, with further freedoms granted at 80 per cent.

“We are currently in lockdown. Lockdown plus some level of easing of restrictions is possible once we get to 50 per cent and 60 per cent rates of vaccination,”

Ms Berejiklian said. 

Melbourne gets tough on Sydney as COVID lockdowns continue in both states

Victoria’s lockdown was extended for another week on Wednesday after the state recorded another 20 cases of coronavirus, with six of those people in the community during their infectious period.

The Premier of Victoria has also moved to further tighten borders with New South Wales as the state continues to record high numbers of COVID-19.

Sydney’s COVID cluster spreads to Regional New South Wales

The regional city of Dubbo has recorded 25 cases. Five additional cases were also recorded in the Hunter New England area.

Traces of coronavirus have been detected in sewage in Bathurst, Parkes and Bourke.

No new cases were recorded in Armidale, Tamworth and the Northern Rivers.Ms Berejiklian said case numbers were stabilising in the Fairfield and Canterbury-Bankstown region, but were on the rise in Blacktown and Mount Druitt.

The Capital in Lockdown

Australia’s capital of Canberra has also been plunged into lockdown after new cases had been detected in the ACT.

Three further cases of COVID-19 were recorded in Canberra as the city entered a snap seven-day lockdown.

Ticker News can confirm the three additional cases detected are all close contacts of the original positive case found in a man in his 20s yesterday.

The man is the capital’s first local case of COVID-19 in more than a year and is believed to have been infectious in the community.

This outbreak total now stands at four positive infections.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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People investing heavily in pet health

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Australian pet owners are demonstrating their unwavering commitment to their furry companions, as revealed in a recent survey by Finder.com. The survey, conducted among 1,061 respondents, highlights that 94% of pet owners are willing to spare no expense to ensure the well-being of their pets, with some prepared to spend over $10,000.

On average, Australians are willing to invest $6,219 to safeguard their pets’ health, showcasing the deep bond between humans and animals. While 6% of respondents admit they wouldn’t spend anything on vet bills before considering euthanasia, the majority prioritise their pets’ welfare.

To assist pet owners in making informed financial decisions, Finder has announced the winners of its Pet Insurance Awards for 2024. Bow Wow Meow’s Ultimate Care policy stands out for its exceptional value, offering extensive coverage at an affordable price point.

Highly commended policies include petinsurance.com.au’s Platinum Cover and Coles Pet Insurance, providing comprehensive protection for furry companions.

Investing in pet insurance can provide peace of mind, ensuring that pet owners are prepared for unforeseen medical emergencies without compromising their financial stability.

With policies tailored to various needs and budgets, pet owners can find the right coverage for their beloved animals.

Despite generational differences in spending habits, with Gen Z leading the pack in willingness to invest in pet health, one thing remains clear: Australians’ love for their pets is unwavering, exemplifying the cherished bond between humans and animals.

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ASEAN emerging as new global economic power?

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As global supply chains adapt to the pandemic and heightened US-China tensions, attention shifts to ASEAN’s emerging economies.

Could Vietnam and Indonesia lead ASEAN into becoming a third economic powerhouse alongside China and India? Professor Tim Harcourt of UTS and The Airport Economist on Ticker weighs in.

While debates on ‘deglobalisation’ persist, the question arises: is production truly shifting or merely realigning? Geopolitical uncertainties prompt businesses to diversify their supply chains away from China, a move influenced by both politics and economics. Taiwan, Vietnam, and Indonesia emerge as preferred destinations due to their strategic advantages and growing economies.

Australia’s recent Australian ASEAN Summit highlights the potential gains from closer ASEAN ties, given its vast population of over 640 million. What collaborative opportunities lie ahead?

Professor Harcourt’s upcoming Airport Economist ASEAN series on Ticker promises deeper insights into ASEAN’s economic landscape, revealing its potential as a significant global player.

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Investors assess geopolitical risks amidst tensions

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Amidst a backdrop of geopolitical easing, investors are reassessing their risk strategies to navigate a more tranquil global landscape.

This shift coincides with markets recalibrating expectations around potential rate cuts, resulting in a downturn in stocks.

In the tech sector, all eyes are on US earnings reports this week, particularly those of industry giants whose performance often sets the tone for market sentiment.

Additionally, anticipation mounts ahead of the release of Australian CPI data, scheduled for Wednesday, which promises insights into economic health and potential monetary policy implications.

These developments underscore the need for investors to remain vigilant and adaptable in response to evolving geopolitical and economic dynamics.

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