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Australia's closed border is costing the economy $36.5 million a day

By Andreas Chai, Associate Professor, Griffith University
George Verikios, Griffith University
Tom Nik Verhelst, Program director, Regional Innovation Data Lab, Griffith University
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Australia doesn’t expect to reopen its international borders until well into 2022.

The border has been closed since March 2020. That decision has been instrumental in the nation containing COVID-19, but there are big social and economic costs.

The social costs – of families separated, of students and others losing their jobs but being denied government assistance and so on – are hard to quantify.

But we’ve done our best to calculate some of the economic cost. By our reckoning every…

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