🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Australian state says work from home is over, but employees still shun office

Published 14/12/2020, 01:15 pm
© Reuters.
CBA
-

SYDNEY, Dec 14 (Reuters) - A work from home order to combat coronavirus in Australia's most populous state ended on Monday, a milestone for a country with very low COVID-19 numbers, but many companies plan to keep flexible work arrangements into 2021.

New South Wales (NSW) state, home to the country's biggest city Sydney, said it was going ahead with a plan to lift the public health order that has been in place most of the year as it reported no new local coronavirus infections for a 10th straight day.

But the move appeared to be symbolic since the state's employers, which include many of the country's biggest companies, and workers had no plans for an immediate change from work from home arrangements, 10 days from the start of the Christmas holiday period.

"There's still a big mountain to climb in terms of people coming back," said Jane Fitzgerald, executive director of the Property Council of Australia's NSW unit, by telephone.

The property council said Sydney central business district occupancy was currently 45%, compared to more than 90% before the pandemic. Two-thirds of property council members expected a "material increase" in CBD occupancy after three months or longer.

The change puts NSW, home to a third of Australia's 25 million population, ahead of other states and territories in resuming pre-COVID arrangements for the white collar workforce.

Just Victoria state, the second most populous state, now has restrictions on office workers, with a 25% attendance limit, while most other states and territories have a general directive for employers to let workers log in from home if they prefer.

NSW said it was still encouraging employers to stagger start and finish times and advise staff to wear a mask on public transport.

Commonwealth Bank of Australia CBA.AX , one of the country's biggest companies, which has headquarters in Sydney, said it would start returning to the workplace but "we'll be working with our people on an approach that is successful for our customers, for teams and for individuals".

Australia has reported just over 28,000 cases of COVID-19 and 908 deaths since the pandemic began but estimates there are 56 active cases remaining, mostly returned travelers from overseas in hotel quarantine.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.