ANZ research on the cov1 COVID-19 surge in Melbourne and the subsequent placing of Australia's second largest city back into lock down

  • observed spending in Melbourne fell 11.6% y/y for the week to 18 July
  • hit by Melb's Stage 3 lockdown and the closure of the NSW-Vic border
  • Spending on dining/takeaway (−52% y/y) and fashion (−48% y/y) deteriorated sharply