This is the subject of new research published by the Institute of Public Affairs, which for the first time in Australia calculates many of the costs of the nation’s Covid zealotry up to June 2022. In the report, Hard Lessons: Reckoning the Humanitarian, Economic, and Social Costs of Zero-Covid, we find that the total economic and fiscal cost of the Australian COVID-19 response was no less than A$938.4 billion (£550.6 billion) to June 2022. This report identifies: $595.8 billion in state and federal Government to enforce Covid policies and stimulate the economy; $259.8 billion in lost economic activity because of the restrictions and economic shutdowns; $82.8 billion in inflation related costs due to expansive monetary and fiscal policies, a cost which is set to only increase more and more over the next couple of years.

Origen: Failed Zero Covid Policy Cost Australia Over $938 Billion, Report Finds – The Daily Sceptic