Working from home “the biggest productivity increase of the century”

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University of Queensland economics professor, John Quiggin, believes the shift of around half the population to working from home (WFH) might be the biggest productivity increase of the century:

…the unplanned experiment we have been forced to undertake suggests we might have stumbled upon a massive opportunity for a microeconomic reform, yielding benefits far greater than those of the hard-fought changes of the late 20th century.

The average worker spends an hour on commuting every work day…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.