Why Aussies love working from home

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NAB’s quarterly behavioural and industry economics survey shows that 34% of Australians were working from home in Q2, down from 34% in Q1:

Proportion of week working from home

As expected, white collar professionals worked from home more than blue collar workers:

Proportion of week working from home by profession
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More importantly, just under half (48%) of those surveyed said they want to work from home:

Proportion of week ideally working from home

Workers in Victoria, NSW and ACT – the jurisdictions most impacted by lockdowns – most want to work from home:

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Proportion of week ideally working from home by state

And this is dominated again by white collar workers:

Proportion of week ideally working from home by industry

The above charts suggest that few groups currently enjoy their ideal work from home conditions. That is, working Australians currently spend 34% of their week working from home, but ideally would like to be spending 48% of their week at home:

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Working from home gap

As expected, the key factors driving demand for working from home include commute time (43%), traffic congestion (30%), and loss of flexibility for exercise and other activities (29%):

Reasons for working from home
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The Productivity Commission’s 5-year Productivity Inquiry, released this month, lauded that working from home has ushered a “massive productivity boost” via accelerating the adoption of digital technologies.

This suggests that working from home is a positive structural shift that should be encouraged by policy makers.

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.