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Welcome to live coverage of the continuing coronavirus crisis. The Victorian government has warned of further lockdown measures after it was revealed 10,000 people in hotspot suburbs are still refusing to be tested, citing an alarming excuse. Meanwhile, in France, the bureaucrat who drew up the country’s coronavirus response has just been made its new prime minister.
Robyn Ironside 6.45am: Virgin only had weeks to live
Virgin Australia would not have been able to continue to operate until the August 22 creditors’ meeting if administrators had not negotiated a sale and interim funding by June 30.
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Documents filed in the Federal Court this week outlined the urgency of the situation facing the airline, which went into administration on April 21 with debts of $6.8bn.
An affidavit by administrator Vaughan Strawbridge also revealed an initial 85 groups were approached or registered their interest in buying Virgin Australia.
As the process unfolded, 19 parties considered “potential purchasers” were given access to the data room, with the group whittled down to the final two — Bain Capital and Cyrus Capital Partners — over six weeks.
“The administrators formed the view the sale process needed to be conducted on an expedited time frame due to the significant cash restraints facing Virgin, the impact of COVID-19 on the business and the need to retain key contracts, assets, employees and regulatory approvals,” the affidavit said.
Read the full story here.
Yoni Bashan 6am: Balmain bug sparks virus testing surge
Residents of Sydney’s densely populated suburb of Balmain rushed to be tested for COVID-19 on Friday amid fears of an outbreak caused by an infected man arriving from Melbourne.
Long queues formed outside testing facilities in the inner west suburbs of Balmain and Rozelle in response to a call from health officials that residents should be vigilant of any flu-like symptoms.
Friday also marked an escalation in the policing and screening of incoming arrivals into NSW from Victoria, particularly among travellers hailing from postcodes identified as COVID-19 hotspots.
Read the full story here.
Jacquelin Magnay 5.15am: Australia pushed towards herd immunity
One of the world’s top epidemiologists has urged Australia to abandon a lockdown strategy against coronavirus and look to the Swedish model of developing herd immunity.
Sunetra Gupta, professor of theoretical epidemiology in the Department of Zoology at the University of Oxford, says Australia is adopting a “selfish’’ and “self-congratulatory’’ approach which is misguided and will have negative long-term consequences and urged the country to look at the latest evidence to decide its tactics.
She said if the Australian government changed its approach and let the virus — which 80 to 90 per cent of the population will only get asymptomatically — spread naturally, with intense protections for those most vulnerable, it would in the long term help protect all of Australians from future viral threats and also avoid the most damaging short-term economic impacts for the underprivileged.
Read the full story here.
Rachel Baxendale 5am: 10,000 refuse to be tested in Melbourne hotspots
Victorian Premier Daniel Andrews has warned he may have to widen his government’s lockdown of coronavirus hotspot suburbs, as it emerged that more than 10,000 people in those areas had refused tests, with some saying COVID-19 was a “conspiracy theory” or would not affect them.
Conceding that the formula he has relied upon to lock down 310,000 Melburnians may need to be reviewed, Mr Andrews said health bureaucrats and his government would spend the weekend poring over case data to determine how best to tackle the second wave of the virus.
Of Victoria’s 442 active cases on Friday, 213, or 48 per cent, were outside the local government areas which cover the 10 postcodes in Melbourne’s north and west that the Andrews government subjected to stay-at-home orders for four weeks from Wednesday night.
Read the full story here.
Agencies 4.30am: Coronavirus bureaucrat is France’s new prime minister
President Emmanuel Macron has named the senior bureaucrat who drew up the policy for easing France out of its coronavirus lockdown as his new prime minister.
The move followed the resignation on Friday of Edouard Philippe — and his entire government — as Mr Macron’s ruling party reels from dire local election results and the President prepares to tackle the economic crisis resulting from the COVID-19 pandemic.
Mr Philippe, who held the prime ministership for three years, will hand over to Jean Castex, 55, officially a member of the right-wing opposition but who has risen to prominence while overseeing the country’s emergence from lockdown.
Mr Macron had said he wanted to set a “new course” for the government. A wider cabinet reshuffle was expected overnight.
Read the full story here.
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2020-07-03 21:01:15Z
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