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Omicron surge deters more city office workers
More Adelaide office workers chose to work from home last month as South Australia’s COVID-19 cases peaked, with office occupancy in the CBD dropping to below two-thirds.
More Adelaide office workers chose to work from home last month as South Australia’s COVID-19 cases peaked, with office occupancy in the CBD dropping to below two-thirds.
The state’s building industry has been handed a partial lockdown exemption, with work on some “essential state infrastructure” to recommence from Monday.
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More than a dozen shopfronts inside Adelaide’s heritage Regent Arcade stand vacant, with an exodus of traders from the once-bustling destination prompting remaining businesses to call for the overseas owners to do more to attract shoppers and tenants.
The State Government and business leaders are urging South Australian workplaces not to cancel major functions and Christmas parties, and to make the shift from remote working back to the CBD in a bid to bolster the broader economy.
EXCLUSIVE: Former Property Council head Nathan Paine will run to fill the Adelaide City Council central ward seat left vacant by Houssam Abiad, with promises to clean up CBD streets and curb vacancy rates key focuses of his election campaign.
Mandating that a portion of affordable housing be included in new developments is a “crude” policy that would restrict housing supply to the city, property groups have warned.
“Fear of the unknown” amid ongoing uncertainty about the Marshall Government’s looming land tax shakeup is strangling the property market, the sector says, as Treasurer Rob Lucas concedes even his best-case compromise scenario would not be “nationally competitive”.