'The place is packed': Cautious optimism as city springs back to life

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Shoppers were back on Melbourne's first day out of lockdown, but prospects for an economic bounce-back remain uncertain. covid19 coronavirus lockdown retail

Add articles to your saved list and come back to them any time.Melbourne’s CBD sprang back to life on Wednesday, after the lifting of the tough stage four lockdown, with foot traffic through some city streets back to 80 per cent of pre-COVID levels.

But Mr Andrews said on Wednesday that the government, which has secured a $24 billion line of credit in response to the crisis and says it is prepared to embark on an unprecedented spending program, will announce the date for the budget when it is ready.

But he said that many small firms, particularly in the building and construction sectors, would be able to pick up where they left off when the pandemic and lockdowns struck. Things were also looking positive for retail and hospitality outlets which had managed to survive the long shuttering, he said.

 

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