Non-essential retail stores in Melbourne will shut at midnight tonight as part of the city’s stage four COVID-19 lockdown. The move is expected to lead to 250,000 workers being stood down.
The harsh measures have shattered hopes of a swift economic recovery, with independent modeling showing Victoria’s state government debt ballooning to $60 billion next year.
In this episode, national editor Tory Maguire is joined by economics correspondent Jennifer Duke to discuss the ripple effect the Victorian lockdown is having on businesses.

Non-essential retail stores in Melbourne will shut at midnight tonight as part of the city&rsquo;s stage four COVID-19 lockdown. The move is expected to lead to 250,000 workers being stood down. The harsh measures have shattered hopes of a swift economic recovery, with independent modeling showing Victoria&rsquo;s state government debt ballooning to $60 billion next year. In this episode, national editor&nbsp;<a href="https://www.smh.com.au/by/tory-maguire-h0yjtc" data-stringify-link="https://www.smh.com.au/by/tory-maguire-h0yjtc" data-sk="tooltip_parent" aria-describedby="sk-tooltip-6018">Tory Maguire</a>&nbsp;is joined by economics correspondent&nbsp;<a href="https://www.smh.com.au/by/jennifer-duke-gj652w" data-stringify-link="https://www.smh.com.au/by/jennifer-duke-gj652w" data-sk="tooltip_parent" aria-describedby="sk-tooltip-6019">Jennifer Duke</a>&nbsp;to discuss the ripple effect the Victorian lockdown is having on businesses.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

Advertisement