Productivity Commission: Work from home more efficient

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The head of the Productivity Commission, Michael Brennan, has thrown his support behind the shift to remote work (working from home), stating that it is probably making us more productive:

“On balance, I think there’s good grounds to be optimistic when it comes to the overall impact,” the Productivity Commission’s chair, Michael Brennan, told The Sydney Morning Herald and The Age. University of Michigan economics professor, Justin Wolfers, who is currently working from home in Australia, said: “Everyone is better off – no question. Total output has gone up”.

This comes after a survey by Fairfax shows that an overwhelming majority of the nation’s 50 largest companies (employing more than 1 million people) expect to adopt a hybrid work model permanently post pandemic:

Working from home

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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.