Business
Working from home is costing Sydney’s CBD $10 billion – Sydney Morning Herald
This has led to calls for mandatory masks to be worn on public transport to encourage workers to return to their offices and breathe new life into the city’s businesses.
In addition, the lack of interaction between the thousands of “knowledge workers” such as finance, professional services, IT, marketing and media who gathered in the CBD on a daily basis before the pandemic will take an additional $3 billion toll on productivity.
Research shows there are major economic gains for these knowledge industries from the “agglomeration effect” that comes when many workers come together in one location.
“There is a real benefit from incidental conversations over the p…
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