Office attendance is expected to increase this year, courtesy of a firmer prod from employers and the sobering effect of rising unemployment, even as the embrace of hybrid work arrangements endures, property analysts and economists say.
“We have seen a number of organisations recently introduce new measures to drive people into the office which combined with rising job insecurity as the economy slows, is likely to see office attendance rise a little from current levels,” Barrenjoey chief economist Jo Masters told The Australian Financial Review’s latest property survey.