While remote work remains the preference for many, some offices struggle to convince their staff to make the trek back into CBDs and, experts say, it comes at a cost to newcomers.
The early days of the COVID-19 pandemic triggered a mass exodus of workers from central business district offices — but, from this, came a new, hybrid work model that accommodated for employees' unique needs.
In almost every major Australian city, during the month of June, new data from the Property Council of Australia shows commercial occupancy rates fell.Melbourne's commercial occupancy rate dropped from 49 per cent to 38 per cent, while Sydney's fell from 55 per cent to 52 per cent. The only markets to record an increase in commercial occupancy were Canberra and Perth, where the rate rose from 53 per cent to 61 per cent and 65 per cent to 71 per cent, respectively.The main culprit, according to the Property Council's chief executive, Ken Morrison, is illness."Office occupancy numbers have gone backwards for the first time in six months as a wave of [COVID-19's] Omicron and flu cases kept workers away from the office," he said.
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