The Great Unshackling: Political Capital vs Excess Fear

Discussions on unwinding COVID-related social distancing measures have moved to the fore.  Australia’s leaders have managed the crisis relatively well so far.  In doing so, they have demonstrated competence and earned political capital which will help minimise the risk of subsequent disease waves and influence public attitudes.  Even so, excess fear may significantly hamper our economic recovery. Whilst the government was able to close the economy, it will find it harder to order a re-opening.