$1 billion a week: NSW lockdown extension threatens to push small retailers into insolvency
An extension of the lockdown for Greater Sydney and surrounds could be the tipping point for small businesses to consider insolvency, leading bodies have warned.

The Australian Retailers Association (ARA) estimates that for every week the lockdown continues, retailers collectively lose about $1 billion in trade.
As ARA CEO Paul Zahra tells 9News.com.au, the retailers most at risk are owner-operator small businesses in Sydney’s CBD where foot traffic has plummeted to near-zero.
No data from Israel, but “evidence so far suggests the vaccine “will continue to protect against these variants”. (Where is the evidence if there is no data?)
Delta variant of Covid-19 and Israel’s latest data on Pfizer vaccine
The Delta variant is reportedly responsible for over 90% of recent cases in Israel, which lifted restrictions in June, although around 57% of the population is vaccinated.
Medical personnel test Israeli youth for the coronavirus, in Binyamina. Israel’s prime minister is urging the country’s youth to get vaccinated as cases have crept up due to a localized outbreak of the Delta variant. (AP Photo: Ariel Schalit)
Recent data from the Israeli Health Ministry shows the effectiveness of Pfizer-BioNTech’s Covid-19 vaccine has dropped in recent weeks. Two shots were found 64% effective in preventing symptomatic infection, compared to 94% earlier this year. But it remains 93% effective in preventing hospitalisation — down from 97% earlier.
