💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

UPDATE 2-Australia's Victoria state logs another day of high coronavirus infections

Published 11/07/2020, 12:42 pm
Updated 11/07/2020, 04:36 pm
GILD
-

(Adds comments from deputy chief medical officer, national total)

By Byron Kaye

SYDNEY, July 11 (Reuters) - Australia's second most-populous state reported one of its highest daily increases in coronavirus infections on Saturday and warned the numbers would get worse before they got better as its capital city began its first weekend of a six-week lockdown.

The state of Victoria logged 216 new cases, down from a record 288 the previous day but still one of the biggest daily increases of any part of the country.

"We will see more and more additional cases. This is going to be with us for months and months," Victorian Premier Daniel Andrews told a televised news conference.

"Nobody is enjoying being locked at home. It is frustrating, it is challenging, but the strategy will be successful if we all play our part."

Victoria, home to a quarter of the country's 25 million people, has also become the first state to ask people to wear masks with the order directed at residents of Melbourne.

The other seven states and territories, which reported just 11 new cases between them on Saturday, have banned travellers from Victoria amid concern that community transmission was causing a second wave of the virus. Authorities had previously attributed most new cases to people returning from overseas.

The country's deputy chief medical officer, Nick Coatsworth, said it was to soon to say whether the community transmission had spread from Victoria to other states.

"We are all on high alert," he said. "It is fair to say that the next couple of days are critical."

Australia has avoided the high COVID-19 casualty numbers of other countries after closing its borders and going into nationwide lockdown in March, with some 9,300 infections and 107 deaths.

There were seven new cases in neighbouring New South Wales, the most-populous state, including a man who had visited a Sydney pub that has been linked to two other infections, authorities said. A pop-up testing clinic was set up at the pub so patrons who were there on the same night could be tested.

Australia on Friday gave provisional approval to Gilead Sciences Inc 's GILD.O remdesivir as the first treatment option for virus, joining the United States and the European Commission.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.