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1.30pm
Mr Andrews said he did not want the virus to move into regional Victoria and the restrictions were designed to stop COVID spreading beyond the city.
He said there was no evidence of the virus in regional areas but there was no time to set up a ring-of-steel.
"It's five days it's not week," he said.
"Therefore it's appropriate to have the same rules across the state
"It's to keep Melburnians and the virus out of region Victoria."
Mr Andrews said the five kilometre limit applies, but if regional Victorians needed to travel for essential goods they could.
He said if it was a longer-term proposition the rules would differentiate between regional and metro areas.
The Australian Open will go ahead without fans.
1.23pm
CHO Brett Sutton said the UK strain was significantly more infectious than any other virus we've seen previously.
He said no one wants the lockdown but the alternative was potentially devastating.
"We need to be able to chase each and every case down," he said.
Health Minister Martin Foley said no visitors would be allowed in aged care facilities and hospital visitation would change.
COVID Commander Jeroen Weimar said ten of the cases linked to Holiday Inn were local transmissions.
He said everyone who has tested positive had been quarantining when they tested positive.
Mr Weimar said a hotel worker tested negative on Sunday, before testing positive on Wednesday and their close contacts had tested positive by Thursday.
He said 905 close contacts were currently isolating in Victoria.
1.10pm
Victorian Premier Daniel Andrews has confirmed all Victorians will be plunged back to stage-4 restrictions following the growth of COVID cases linked to the Holiday Inn outbreak.
He said from 11.59pm tonight all Victoria will go to stage-4 restrictions until 11.59pm on Wednesday.
He said there would only be four reasons to leave home.
Masks must be worn everywhere outside the home and public and private gatherings are not permitted.
Schools will close as will non essential retail.
Funerals can involve no more than 10 people and weddings are not permitted unless on compassionate grounds.
He said the UK variant of concern was 'so hyper-infection and moved so fast' it was presenting a very real challenge to the state's status.
"Whilst we don't have cases outside those who were notified as close contacts... the way in which they are presenting are a very significant concern to us," he said.
Mr Andrews said by the time someone has tested positive they have already infected their close contacts which makes it incredibly difficult to do contact tracing as there was no gap between one positive and their close contacts testing positive.
He said we must assume there are further cases in the community and it was moving at a velocity that has not been seen anywhere in the country in the last 12 months.
"If we wait for that to be proven correct that's too late and then we will face the prospect of being locked down until the vaccine is ruled out," he said.
Mr Andrews described the new restrictions as a circuit breaker.
"I know this is not the news Victorians want to hear today, I know it's not the place we want to be," he said.
"I am confident this short sharp circuit breaker will be effective and will smother this."
Mr Andrews likened the short-lockdown to the situation in Perth and Brisbane.
"All our experts advice us, this is what must be done," he said.
1pm
Victorian Premier Daniel Andrews was due to address the media at 1pm following a Cabinet meeting to discuss whether a lockdown is necessary.
The press conference is slightly delayed but Mr Andrews is expected to speak imminently.
Watch him speak below. Please allow a moment for the video to load.
Political commentators have indicated a five-day lockdown, but have not clarified if it will just be for hotspots, Melbourne or the entire state.
Earlier today NSW Premier Gladys Berejiklian said she had no intention of closing the state's border with Victoria.
Previously:
12pm
Federal MPs in Victoria have been told to get back to Canberra before midnight to avoid missing Parliament's sitting week beginning Monday in case Melbourne enters a snap lockdown.
As cases connected to the Melbourne Holiday Inn outbreak continued to rise on Friday, the Victorian government is contemplating a short lockdown to get ahead of the situation.
While the ACT currently only has restrictions on people that have visited certain Melbourne exposure sites, the territory may introduce broader restrictions following the meeting of the AHPPC on Friday.
The Usher of the Black Rod wrote to senators on Friday advising them to return to Canberra before midnight to be present for next week's Parliamentary sitting.
11.20am
Political commentators have confirmed the Victorian Cabinet will meet shortly before midday to consider a snap lockdown in the wake of the Holiday Inn COVID cluster.
It's not known whether the cabinet is considering a Melbourne or state-wide lockdown.
The state's emergency management chiefs are also meeting to discuss the situation.
Yesterday on Seven's Sunrise program, NSW Premier Gladys Berejiklian said she had no intention of closing the state's border with Victoria.
"We think shutting borders and locking down community should be the last option, not the first option," she told the program.
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"We are hopeful that the Victorian government and the health experts will get on top of this as soon as possible and we don't feel at this stage there is any need to close the border.
"We have seen the devastation caused last time that happened and as far as NSW is concerned ... the only time we closed the border to any state was when Victoria had in excess of 150 daily cases."
11am
Prime Minister Scott Morrison has said he would welcome a 'short-sharp' lockdown for Melbourne in light of the growing COVID cases.
Speaking on 3AW earlier this morning, Mr Morrison said discussions about the prospect of a lockdown were underway.
On the program he said a proportionate, targeted response was the most effective response to outbreaks, citing Brisbane's three-day lockdown as an example.
"The short, sharp, proportionate response that we saw in a couple of other states dealing with similar challenges proved to be quite effective, particularly up there in Brisbane," he said.
"They got through that, they gave the contact tracers a head-start over the weekend and they were back at it."
The Prime Minister is currently speaking to the media from the CSL lab in Melbourne where the COVID-19 vaccine will be manufactured locally.
Mr Morrison said no decisions had been announced by Victoria.
He said he would leave it to the Premier to make his announcement.
Watch him speak below, please allow a moment for the video to load.
It comes as five new cases of COVID-19 were confirmed in the 24 hours to 8am this morning, bringing the state's active case tally to 19.
Of those cases, 17 are linked to the Holiday Inn.