Economic havoc caused by 'hysterical responses' to COVID-19 | Sky News

Sky News host Andrew Bolt says the fact is the economic havoc facing Australia is caused not so much by the virus but by the hysterical responses to it.

“Particularly all these crude bans and shutdowns and border controls, you name it,” Mr Bolt said.

Mr Bolt weighed in on the federal budget which was revealed on Tuesday evening.

He spoke of the recent revelation from Treasurer Josh Frydenberg in which he said "we have predicated some of the assumptions in this budget on a vaccine being available across the country by the end of next year".

Mr Bolt said it is an important aspect to arise out of the budget, that the Morrison government “has bet that budget” on the nation getting a vaccine next year.

"And if that vaccine doesn't come to save us, this budget will be even more terrible than it is already," Mr Bolt said.

He looked at daily new death rate statistics in the UK, saying what is being seen is "another sign we don't need to pin everything on getting a vaccine".

“We don't need to shut down the economy each time there's an outbreak".

Mr Bolt said there must be a cure for the hysteria being observed.

"Because then, even without a vaccine, we won't need lockdowns again.