Sydney construction falls silent as COVID lockdown damages economic rebound - Monday Finance with Peter Ryan

Construction sites in greater Sydney have fallen silent as tough new measures to control spread of the highly infectious Delta variant around Australia's biggest city come into force. 

The decision is set to cost billions of dollars as the shutdown grinds to the New South Wales economy to a halt with the mental health cost also mounting.

The combined Sydney and Melbourne lockdowns are likely to put a big dent in Australia's extraordinary economic rebound to date.

On RN Breakfast, I speak with Daniel Hunter CEO of Business NSW and EY Oceania chief economist Jo Masters

I also speak with Tom Oriti on ABC NewsRadio