Why Australians will be banned from going overseas for at least another year

Why Australians will be banned from going overseas for at least another YEAR - with a powerful government agency leaving a very strong hint The Reserve Bank is expecting the travel ban to continue until the end of 2021 Restrictions could last even longer should there be another COVID-19 outbreak  Its latest economic forecasts are modelled on Australians still being confined  Australians have been banned from going overseas for a holiday since March 25 

By Stephen Johnson, Economics Reporter For Daily Mail Australia

Published: 04:40 GMT, 6 November 2020 | Updated: 05:05 GMT, 6 November 2020

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Australians are set to be banned from travelling overseas for at least another year - but restrictions could last even longer if there's another coronavirus outbreak.

Holidaymakers have been barred from leaving the country since March 25 and Prime Minister Scott Morrison has strongly indicated that restriction would continue until a coronavirus vaccine was developed.

The Reserve of Australia has now announced it expected the border to remain closed for at least another year as it updated its economic forecasts.  

'Some restrictions on international departures and arrivals are assumed to be in place until around the end of 2021,' it said on Friday.

Australians are set to be banned from travelling overseas for at least another year. Holidaymakers have been barred from leaving the country since March 25 and Prime Minister Scott Morrison has strongly indicated that restriction would continue until a coronavirus vaccine was developed. Pictured is a deserted Sydney airport

Australians are set to be banned from travelling overseas for at least another year. Holidaymakers have been barred from leaving the country since March 25 and Prime Minister Scott Morrison has strongly indicated that restriction would continue until a coronavirus vaccine was developed. Pictured is a deserted Sydney airport 

'The baseline scenario assumes that no additional large outbreaks and accompanying strict containment measures occur within Australia and that restrictions continue to be gradually lifted nationally (or are only tightened modestly for a limited time).'

The RBA feared bans on travelling overseas could continue into 2022 should there be another coronavirus outbreak in Australia.

'A plausible downside scenario is that Australia experiences further major outbreaks and there is a loss of control of the virus in other economies,' it said.

'In this scenario a substantial share of the population faces renewed distancing restrictions and curbs on business activities, and the opening of international borders is delayed further.'

Australia is already in recession for the first time in three decades, as a result of

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