Australian Health and Economic Outcomes Will Not Be in ‘Lock Step’ From Omicron: Economist

The Sydney skyline is seen as a man walks past in Circular Quay, usually packed with tourists, in Sydney, Australia, on June 16, 2020. Saeed Khan/AFP via Getty Images

Despite the rapid rate of the Omicron spread, the Australian economy will not suffer as hard compared to the period of Delta lockdowns, an economist said.

Deloitte Access Economics partner Chris Richardson said for the first time since the COVID-19 pandemic started, it looked like health and economic outcomes “won’t be in exact lock-step with each other.”