Rising job security fears have driven average office utilisation in Australia to its highest level since the pandemic, new data suggests.
Already a subscriber?Rising job security fears linked to the softening economy have driven average office utilisation in Australia to its highest level since the pandemic, contributing to a partial reversal in the rush of city workers moving to the country.
Productivity Commission chairwoman Danielle Wood predicted this trend would continue as the jobs market softened. The discount fell from at least 15 per cent before the pandemic to less than 5 per cent in 2021 as workers took advantage of lockdowns to live further away.
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