Andrew Bassat, CEO, of Seek says that domestically job volumes has stabilised and if anything the current reads are a lagging indicator
Livewire
Andrew Bassat, CEO, of Seek says that domestically job volumes has stabilised and if anything the current reads are a lagging indicator. The comments came as part of the Company's stellar profit result that blew market expectations out of the water and included a boost in dividends. Seek is the largest job advertiser in the domestic market - 12 times more than it's nearest rival, however, 50% of earnings now come from Asia and that is also likely where the growth will come from. Bassat believes any one country in Seek's global portfolio -- be it Indonesia, Malaysia or China or Brazil and Mexico -- could become bigger than Seek's local operation. (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
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