Posthaste: ‘Supercharged’ Canadian housing market roars back to life, after lockdown halted 70,000 transactions

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China’s recovery appears to be leaving the rest of the world in the dust, this chart by Deutsche Bank Research shows. The bank’s updated forecast sees the U.S. economy back at pre-COVID levels by the middle of 2022 and the eurozone’s at the start of 2023. The U.K. will take even longer, until the second half of 2024, because of the extra drag of Brexit. If 100 marks the level of real activity at the start of 2020, China’s economy was already there by the end of the second quarter, pulling off a V-shaped recovery. Deutsche analysts forecast the gap between China and the rest of the world will just get bigger. As the chart shows, by the end of 2025, the bank sees China at 137, the UK at 100, the eurozone at 103, and the U.S. at 108. “Longer-term, this China vs RoW growth divergence could easily create more political tensions as relationships continue to be under stress between China and the Western World,” said the note.


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Today’s Posthaste was written by  Pamela Heaven (@pamheaven), with files from The Canadian Press, Thomson Reuters and Bloomberg.

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Regional Victoria starts second lockdown, as cases continue to rise

Regional Victorian towns at the heart of country hotspots have welcomed stage 3 restrictions that come into play today.

There’s been a sharp increase in the number of people infected with coronavirus in regional towns including Bendigo, Colac and the Latrobe Valley.

The surge in cases has been caused by outbreaks in aged care homes, child care centres and schools.

Business leaders in regional and rural hot spots agree stage 3 restrictions are being re-imposed just in time.

Although in areas with few active cases, local politicians and business owners have raised questions.

Premier Daniel Andrews said the restrictions were needed to stop the virus spreading through aged care homes as it had in Melbourne.

From today, until at least September 13, regional Victorians are only allowed to leave home for four reasons — to go shopping for food and essentials, work and study, caregiving, and exercise.

Some ‘won’t make it through’

In Wodonga, in Victoria’s north-east, businesses are once again bracing for a tough six weeks.

Wodonga Retailers Group president Greg Haysom said he feared businesses in his town wouldn’t survive a second lockdown.

“There seems to be a common misconception that running a business is a licence to print money … you only make a living out of it, and not too much more,” Mr Haysom said.

Mildura Mayor Simon Clemence said while he understood the reasoning behind regional Victoria going back into lockdown, it would be tough for the city.

“I think they could have had much easier restrictions here and I think it would be the case for other areas in rural Victoria as well.”

The Hindmarsh Shire in Victoria’s west hasn’t recorded a single known case of COVID-19.

The council’s mayor, Rob Gersch, said the return to stage 3 restrictions was difficult, but he understood why it was important.

“It would be good if our local restaurants could retain those local customers.”

Latrobe Valley cases on the rise

The restrictions come amid growing cases in the state’s far south-west in Portland, and numbers keep rising in the state’s east at Traralgon in Gippsland.

The Latrobe Valley has the highest number of COVID-19 cases in Gippsland, in the state’s east — another three active cases have been recorded, bringing the municipality’s total to 15.

A man who works at the Australian Paper mill in Maryvale tested positive.

closed sign on gate of early learning centre
A second person at the Moe Early Learning Centre has tested positive for COVID-19.(ABC Gippsland: Jarrod Whittaker)

The mill — which is the biggest private employer in Gippsland — is undergoing a deep cleaning and some of the infected man’s colleagues are being quarantined.

A second person at the council-managed Moe Early Learning Centre also tested positive, but did not attend work displaying symptoms.

Latrobe City Council chief executive Stephen Piasente said other workers at the centre were still waiting for their results.

“They should come through in a couple of days, so we’ll know the results of those fairly soon,” Mr Piasente said.

“So having the centre continue to be closed is important now for that cleaning process and for that contact tracing to occur.”

Elective surgeries cancelled

The Victorian Government is freezing all non-urgent surgery in regional Victoria from today due to the pandemic.

The Government said surgeries that had already been booked would take place if possible, but at each hospital’s discretion.

Ballarat Health Service director of acute services Ben Kelly said the sorts of procedures that would still be allowed under urgent category two included oncological or cancer-related surgeries.

“We wouldn’t want to see people delaying cancer surgery, for instance, when it’ll lead to an escalation of the disease.”

In the state’s south-west, Portland Health Service confirmed a new outbreak in the town.

Director Chris Giles said several new cases had now been linked back to two cases diagnosed on Sunday.

“This is a completely new chain,” Ms Giles said.

Several other health services from neighbouring districts have been called into Portland to help with testing and contact tracing.

Testing sites inundated

Meanwhile, the central Victorian town of Bendigo has ramped up testing at its drive-through and walk-through clinics, testing an average of 1,000 people a day.

A grey man with glasses stands in front of a sign that says Bendigo Health
Bendigo Health chief executive Peter Faulkner.(ABC Central Victoria / Tyrone Dalton)

Bendigo Health chief executive Peter Faulkner said while he appreciated those doing the right thing, he raised concerned about the prevalence of the virus in the community and tracing its sources.

“This virus does not respect geography, it does not respect time.

“It is on the job 24/7 and if we let our guards down in the wrong place at the wrong time, for the shortest time, it will take its chance to transmit,” he said.

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Aberdeen: On the streets as city goes back into lockdown | UK News

Walking around Aberdeen city centre at 5pm and workers are heading straight home – the streets are emptying quickly. There are no post-work drinks.

“It’s like a time machine has come on – it’s like being back in March,” said Ian Cukrowski – a coffee shop owner closing up shop, yet again.

“We’ve gone back to what it was during the lockdown in the space of a day.

“This morning this place was buzzing, the cafe and restaurant tables were out and within the space of a few hours it’s like being back in March and April.”

Further up Union Street, around 10 pub-goers at The Grill are ordering their last pints, with an hour to go until it closes for at least the next seven days.

Its owner – Allan Henderson – had just got the 150-year-old pub back up and running.

“It’s obviously a disappointment,” he said.

“Staff have done a fantastic job over the last few weeks, [but] here we are again back into lockdown.

“At the end of the day it’s a pandemic, a public health crisis, and health has to come first. It’s a cliff edge. You go from X pounds a week to zero. It’s a total cliff edge.”

The doors close yet again at an Aberdeen pub as lockdown returns to the city
The doors close yet again at an Aberdeen pub as lockdown returns to the city

Many locals say they’re not surprised the city has gone back into lockdown, after pictures of packed bars over the last few weeks.

Angela – on her way home from a record store – says she’s nervous about the latest outbreak.

“To be honest safety comes first,” she said.

“I feel people, with this virus, it’s not just people breaking the rules that are going to get ill, it’s those in high-risk categories – so it’s just better to be safe.”

It will be another week at least before Aberdeen will re-open – and only if this latest outbreak slows.

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Philippines back under virus lockdown

Philippine police have deployed street blocks to enforce a tough new lockdown on about 28 million men and women in the funds Manila and nearby provinces as the state reported the region’s most important day by day rise in coronavirus cases.

The space, which accounts for most economic exercise in the nation and a quarter of the population, has absent back again into lockdown for two months soon after restrictions were calm in June.

The eased limits, in an hard work to revive the economic system, led to bacterial infections soaring more than six-fold to 112,593 and deaths far more than doubling to approximately 2100, piling tension on a beleaguered health care sector.

The overall health ministry on Tuesday noted 6352 new situations, marking the most significant day by day leap in bacterial infections in Southeast Asia and just after posting a history increase in five of the past 6 days.

In a new blow for the financial state, authorities have suspended community transport and produced places to eat get-absent only, when barbershops and salons have shut, hitting livelihoods.

“You can find really absolutely nothing we can do but abide by the measures offered by the governing administration,” stated Cipriano Quirante, 57, a dispatcher at a taxi business.

Restaurant supervisor Charlito Imperial explained normally there ended up long strains at his premises but by midday he had had only three acquire-absent prospects.

Police ringed city areas with roadblocks and checkpoints to restrict movement, with only a single member of each individual domestic authorized to go out to get food stuff and essentials.

President Rodrigo Duterte late on Sunday announced the new lockdown, marking a return to the rigorous quarantine steps in force from mid-March to May perhaps.

But the presidential palace on Tuesday warned the new constraints could not be extended.

“The economy can no for a longer time bear a extended lockdown,” Harry Roque, Duterte’s spokesman, advised a information briefing. “Our information to the men and women is to consider care of your well being so you can still make a residing.”

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could lockdown restrictions get any tougher? Apparently, yes

When the present phase four restrictions imposed in Victoria are the toughest Australia has noticed, Daniel Andrews suggests you can find far more to arrive if COVID-19 case numbers never go down.

Victoria Leading Daniel Andrews (Image: AAP/David Crosling)

When Victorian Leading Daniel Andrews confronted the media to announce specifics of office closures all around the point out, he acknowledged Victoria had couple selections still left. If these restrictions, harsher than nearly anything we’ve ever noticed in Australia, did not do the job, there was nowhere for Victoria to go but to “stage five”.

Andrews lifted the prospect of stage five tentatively in his media launch yesterday, even though acknowledging that no one could genuinely guess what even tougher constraints could possibly signify. 

“It’s challenging to think about what phase 5 would seem like, but it would radically transform the way men and women are living,” Andrews’ push release yesterday browse.

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Melbourne is missing part of its identity with no sport during the coronavirus lockdown

After Melbourne’s initial COVID-19 restrictions were eased in May, the brilliant volunteers at my 13-year-old’s local footy club smeared themselves with sanitiser, marked the field to separate the authorised groups of 20 and got training started.

There was uncertainty about whether any games would be played, but the coaches rightly suspected kids who had been locked away were bursting to have a kick with their friends.

Then, just five days before the season was to commence, Lockdown 2.0 was announced and the footballs and cones went back into storage.

There were a few tears when parents told their children the games were off. Some of the kids probably cried too.

Since then, lingering hopes the season would start have been diminished by daily COVID-19 case figures that resembled first-innings cricket totals compiled on lifeless decks against a perspiration-free ball.

Enter Victorian Premier Daniel Andrews on Sunday with his now customary “not angry, just disappointed” expression to tell us that we were going from Lockdown 2.0 to Shutdown 1.

Essentially, Victoria had collapsed and would be forced to follow on.

So here we are now. Teased and tantalised by seasons that didn’t quite happen; deprived of our weekend rituals featuring the opportunity to attend Super Netball, AFL, NRL, A-League and Super Rugby AU games that have been packed up and sent interstate.

There has always been a trace of the competitive little brother in Melbourne’s claim to be Australia’s sporting capital, as it displays a tone of condescending superiority over supposedly less passionate Sydney in particular.

A look across the MCG as the scoreboard shows the day one crowd figure for the Boxing Day Test.
The MCG may not be in a position to host the Boxing Day Test this year.(AAP: Scott Barbour)

Thus there will be some schadenfreude in other cities as Melbourne is transformed from sporting paradise to athletic leper colony and its assets are stripped. Melbourne Cup at Royal Randwick anyone? AFL grand final at the Gabba?

But the self-proclaimed sporting capital title has been hard-earned. Melbourne’s quasi-religious sporting zeal has allowed politicians to invest in first-class infrastructure and, in turn, the accumulation or retention of major events knowing grandstands would be packed to the rafters.

Sport is, and has long been, part of Melbourne’s identity, the drum that beats out the city’s rhythm. Holidays are taken “during the tennis” rather than January, or “when we’ve got the bye” rather than June or July.

Now the MCG is empty and no-one knows quite when the gates will swing open again. AFL finals are highly unlikely and the WBBL, BBL and even the Boxing Day Test are only pencilled in.

A female netball player holds the ball behind her head as she prepares to shoot for goal.
Vixens fans living in Melbourne will have to get used to watching their team on TV.(AAP: Julian Smith)

Across the footbridge, AAMI Park is for now the place where the Storm, Rebels, Victory and City used to play and the ever-expanding Melbourne Park won’t see any Super Netball or an early-round NBL game, while even the Australian Open is no certainty.

Following the rule that there is an episode of The Simpsons to describe every situation, Melbourne is the one where Bart breaks his leg and is forced to spend the summer in his bedroom watching others romp outside through a telescope.

Disconnection to sport grows

As other cities cherry pick events from our loaded sporting calendar, crowds reappear in their venues and their participants start to play games in local parks, our resentment, bitterness and even paranoia is growing.

Instead of attending games, we are stuck on our couches and subjected to the moronic shrieks and blokey-bloke prattle of those AFL commentators whose vaudeville acts make you pine for the smooth tones, intelligent foresight and dry wit of the game’s greatest voice, Dennis Cometti.

A Geelong AFL player pushes against a Collingwood opponent as they prepare to contest for the ball in Perth.
Victorians are becoming used to watching their AFL clubs play each other interstate.(AAP: Richard Wainwright)

Narrow defeats and alleged umpiring atrocities sting even more in our home echo chambers without the cathartic venting of spleens in the crowd and the consoling post-mortem drinks with friends at a local pub.

We still see sport, but as our disconnection continues it is becoming increasingly difficult to feel it.

Meanwhile as community sport starts elsewhere, Melbourne’s flickering hopes of a relatively swift return were snuffed out at the weekend when Andrews transformed Victoria from the Garden State to the State of Disaster.

Cricket club committee meetings previously occupied by potential clashes with late-finishing football seasons will “pivot” to contingency planning. How many Kookaburras do you order for a season you might not play?

During the initial lockdown the community spirit created by watching and playing local sport was replaced to some degree by the warmth of the response to the crisis. We were all losing something, but we were “all in it together”.

But as that sense of unity gave way to inevitable bickering and finger pointing over the causes of Victoria’s failure to contain the spread, and the isolation is intensified by harsher measures including a curfew, the longing for things lost is greater.

A few weeks ago I saw some of the players from our local footy team having a vigorous kick-to-kick at the very time on a Saturday afternoon they would normally have been playing a game.

I asked one of the group if he was missing it.

“It’s killing me,” he replied.

So too those of us who would have been watching from the sidelines, munching on one of the club canteen’s famous hamburgers while chatting to friends and neighbours about not very much.

The sports capital with no sport feels like Venice without gondolas, Paris without romance, New York without taxis.

It is not just the games that we are missing. It is a significant part of our daily life and our identity.

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