Pfizer Vaccine Approval Injects Business Positivity

Deputy charge nurse, Katie McIntosh administers the first of two Pfizer/BioNTech Covid-19 vaccine jabs at the Western General Hospital on December 8, 2020 in Edinburgh, Scotland. Andrew Milligan - Pool / Getty Images

Australia’s approval of its first COVID-19 vaccine will lift confidence and help fuel the country’s economic recovery from recession.

The federal government announced on Jan. 25 the Pfizer COVID-19 vaccine has been approved for use in Australia by the Therapeutic Goods Administration, with the start of vaccination program due late February.