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Foreign travel advice Indonesia
FCDO advises against all travel to parts of Indonesia.
Foreign travel advice Romania
Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).
Foreign travel advice China
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).
Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
Melbourne Ranks Third Largest Global Market for Flexible Workspace
More businesses are swapping the constraints of conventional office space for coworking and serviced options in Melbourne.
According to a recent report by Instant Offices, Melbourne currently ranks third among the largest markets for flexible workspace globally, alongside global cities like Tokyo, Paris, New York and London. With both corporates and SMEs looking for flex options in prime areas, demand outstripped supply last year, and enquiries for flex space rose by 19% against average supply at 16%.
Australia’s flexible workspace market is one of the most mature, but with interest soaring across cities like Melbourne, Sydney and Brisbane, demand shows no sign of letting up. Last year the market saw double-digit growth, with flexible options now representing up to 5% of overall space
Melbourne is on a similar growth trajectory to New York, which makes it Australia’s second most mature office space market. As the market grows, desk costs are set to reduce as more competitors enter the market, giving businesses even more choice when it comes to reducing costs.
A TimeOut Index survey had revealed Melbournerankssecond as both the world’s most creative city and the happiest city in the world. With an excellent quality of life, a strong economy, great weather, thriving business culture and general lifestyle attractions, the city also consistently ranks as one of the most liveable cities in the world.
Startup Genome lists Melbourne as one of the major startup ecosystems to watch, predicting the city will be among thetop 30global startup ecosystems within the next five years, alongside Moscow and Jakarta.
The fast-growing city provides support for scaling businesses as well as startups. With a diverse business community, a large talent pool and a strong relationship-driven culture, Melbourne is a highly sought-after international destination of creativity, innovation and opportunity.
Average Desk Cost in Melbourne
Area | Average Desk Cost |
CBD | $700-750 |
Docklands | $800-850 |
Richmond | $650 |
Southbank | $700 |
St Kilda | $550-600 |
Evolution of Office Space in Melbourne: More Relaxation Space Needed
The Instant Group Asia-Pacific Amenities Report highlights that the main amenities members want in a coworking space are:
- 79%said relaxation space: a quiet, non-work space where employees can relax and unwind.
- 65%said health services: either onsite drop-in clinics or private healthcare schemes.
- 48%said exercise space: fitness classes or workout space rank third on the list.