SYDNEY - Australia has been rolling back its shutdown after largely suppressing the Covid-19 outbreak, but the centres of some major cities still remain eerily quiet.. Read more at straitstimes.com.
SYDNEY - Australia has been rolling back its shutdown after largely suppressing the Covid-19 outbreak, but the centres of some major cities still remain eerily quiet.
Melbourne's office usage is likely to remain low following Victoria's state government reintroducing a shutdown for six weeks last Wednesday due to a fresh outbreak of Covid-19 cases. This change is affecting the commercial property market and will have broader effects across large Australian cities such as Sydney and Melbourne, where access to the central business district will no longer be as crucial as it once was.
"At the moment, tenants are looking to cut costs due to the fact that we are in a recessionary environment," he said. In New South Wales, the most populous state, the government's workplace policy for Covid-19 stipulates that"employers must allow employees to work from home where it is reasonably practical to do so".
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