The economic cost of a lockdown in a major Australian city is estimated to be nearly $1 billion a week.

Lockdowns are crippling the economy, and the small business community is taking a disproportionate hit. 

A report published by the Australian think tank, Grattan Institute Race to 80: our best shot at living with COVID, has explained how the country could exit lockdown. 

Brendan Coates is the Economic Policy Program Director at Grattan Institute. 

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