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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: No More Lockdown for Australia-Morrison
Australia would not go back into lockdown due to the emergence of the Omicron virus variant but would stick with an earlier announcement of a two-week pause on the lifting of some travel restrictions.
Prime Minister Scott Morrison declared that “we’re not going back to lockdowns, none of us want that” ahead of a meeting with State and Territory leaders on Tuesday.
Under the visa pauses, visa holders who were set to be allowed back into the country on December 1 will have to wait until December 15 without an exemption, while travel bubble arrangements for South Korean and Japanese citizens have also been delayed.
Morrison was speaking ahead of the release of third quarter GDP tomorrow, which is expected to show the economy contracted by as much as 2.5%. A recovery is underway in Australia as lockdowns are over for most of the country that has seen the Reserve Bank of Australia face pressure on its rate views.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.