Latest news with #SEEK
RNZ News
5 days ago
- Business
- RNZ News
Number of advertised jobs falls three percent from June: Seek
employment 27 minutes ago It remains a tough market out there for job seekers, according to the latest data from job-search website SEEK. Seek's country manager Rob Clark spoke to Corin Dann.
News.com.au
25-07-2025
- Business
- News.com.au
Applications per job ad higher than ever on SEEK as Aussies get second jobs, re-enter workforce
More Australians are competing for available jobs than ever before as people re-enter the workforce and take up second jobs amid the high cost of living, according to the country's largest online employment marketplace. The latest data from SEEK released on Friday shows applications per job ad are now at the highest level on record — even higher than the previous record set during the Covid pandemic in 2020 when job ads were at their lowest. The seasonally adjusted data found applications per job ad increased 2.1 per cent in May compared to the previous month, and were up 16.4 per cent compared to the same time last year. SEEK senior economist Dr Blair Chapman said the new record was due to an increased candidate pool rather than candidates applying for more roles. 'Over the past couple of years more Australians have taken on a second job, or are looking to do so, and more workers have entered or re-entered the workforce,' Dr Chapman said. 'This is likely in response to increased living costs, and as a result, competition is extremely strong for most available roles.' Job ads fell 5.3 per cent in June compared to the same period last year. 'With the year-on-year decline in ad volume hovering around 5.5 per cent over the past quarter, this is the most stable job ads have been for some time,' Dr Chapman noted. In June, the Northern Territory was the only state or territory to record month-on-month job ad growth (up 3.7 per cent). The ACT recorded the largest month-on-month drop in job ads (down 7.8 per cent), attributed to falling demand for workers in the 'information & communication technology' category and 'healthcare & medical' category, as well as other industries. The ACT also recorded the largest annual decline, down 22.7 per cent. Ad volumes for 'information & communication technology' are at the lowest on record nationally, falling below Covid levels. It was the construction sector that month-on-month recorded the most increased demand for workers across the country. As for the salaries being advertised for available jobs, Dr Chapman said both annual and monthly growth was at its slowest since 2021. However, he added: 'The annual growth in average advertised salaries is still outpacing the growth in prices. 'Combined with recent cuts in mortgage rates, existing borrowers who have switched jobs should be able to purchase more goods and services, save more, or pay down their mortgage faster. 'The increase in the National Minimum Wage and modern award wage rates of 3.5 per cent from July 1 should support advertised salary growth in the near term.'
News.com.au
13-07-2025
- Business
- News.com.au
‘Must be cool': Aussie bloke reveals jaw-dropping salary
An Aussie bloke has revealed the staggering wage he takes home from working as a supervisor in the mines. The app Getahead, which works like Tinder but matches people with careers instead of romantic partners, runs an incredibly successful series on TikTok, where they stop and ask everyday Aussies about their salaries. Recently a man was stopped in Brisbane and explained he was taking home $250,000 working as a supervisor in the mines. 'I was fortunate to go to school and live up North Queensland. I was kind of in the region and played footy for the right people and that was my way in,' he said. 'I became a truck driver and I worked my way up in the mines for 16 years.' According to job search platform SEEK, the average wage for someone working in the mining industry is between $120,000 and $140,000. The man said it took him roughly eight years to work up to becoming a supervisor and he works fly in and fly out. 'You miss a lot of things, you also gain a lot of things, because you only work half the year. 7 on and 7 off is my roster' he said. The man argued that if he moved and worked in a major city like Brisbane, yes, he'd never be away from his family, but he wouldn't get the same amount of time off. 'To come down here and earn what I'm on now and I'd have to work in a high management role and work twice as hard for less money,' he said. The Aussie bloke also mentioned that when he's working away, everything is provided for him, including food, accommodation, and gym access. Online people were pretty stumped by his massive salary, to the point that some Aussies were even in disbelief. Someone said it 'must be cool' to earn that because their brother-in-law does a similar job but isn't earning that much, and another said that the man's $250k salary 'seems like a lot' for just a supervisor position. Others debated the pros and cons of working away from home, but someone argued that it is a 'family friendly roster' because of the time you get at home. While another argued that they find themselves 'saving a lot more' when they're working fly in and fly out, but added that everyone's experience would be different. Someone else pointed out that you get more 'quality time at home' than the average 9-to-5er that doesn't have to travel. Someone else defended the man's salary and pointed out that the $250k number probably includes 'leave entitlements, superannuation and other benefits like shares or bonuses' and said the money is 'typical' for that position.
Yahoo
09-07-2025
- Business
- Yahoo
At AU$24.47, Is SEEK Limited (ASX:SEK) Worth Looking At Closely?
SEEK Limited (ASX:SEK), is not the largest company out there, but it saw a significant share price rise of 25% in the past couple of months on the ASX. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Today we will analyse the most recent data on SEEK's outlook and valuation to see if the opportunity still exists. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The stock seems fairly valued at the moment according to our valuation model. It's trading around 6.0% below our intrinsic value, which means if you buy SEEK today, you'd be paying a fair price for it. And if you believe the company's true value is A$26.02, then there's not much of an upside to gain from mispricing. Is there another opportunity to buy low in the future? Since SEEK's share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. See our latest analysis for SEEK Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to more than double over the next couple of years, the future seems bright for SEEK. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. Are you a shareholder? SEK's optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value? Are you a potential investor? If you've been keeping an eye on SEK, now may not be the most optimal time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. If you'd like to know more about SEEK as a business, it's important to be aware of any risks it's facing. For example - SEEK has 2 warning signs we think you should be aware of. If you are no longer interested in SEEK, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
04-07-2025
- Business
- Yahoo
10 Aussie jobs with the fastest growing salaries paying up to $165,000 a year: 'High wages'
The jobs with the fastest growing salaries in Australia have been revealed, with some jobs raking in more than $165,000 a year. Average Australian wages have risen just 3.4 per cent, but there are some advertised jobs demonstrating pay rises of more than 25 per cent. New data from job platform SEEK found analysts working in government and defence were seeing the biggest wage growth. It found salaries for advertised jobs had increased 26.8 per cent over the past year, bringing the average salary to $130,117. Taxation consultants took second place, with advertised salaries rising an average of 24.5 per cent to reach $95,375 a year. Operations analysts in banking and financial services were next, with an average 21.1 per cent increase in salary to $98,301 a year. RELATED ATO reveals 10 highest paying jobs in Australia: '$472,475 a year' Superannuation 'red alert' for millions as $1 billion in retirement savings feared lost Woolworths payment change hits dozens of supermarkets The highest paying job to make the list was electrical engineers working in mining, resources and energy. The job has seen advertised salaries increase 18.3 per cent over the past year to $165,917 on average. SEEK senior economist Blair Chapman said the job had seen a relatively rapid growth in advertised salaries. 'The mining sector pays some of the highest wages of any sector and they are increasingly competing with renewable energy providers for roles like electrical engineers, which is likely driving them to offer high wages to keep and attract workers into the sector,' he said. Demand for project administrators in the construction sector have also increased, with salaries up 16.8 per cent to $92,788 on average. "An increase in building approvals and commencements, which were sitting around decade lows at the beginning of 2024, alongside ongoing infrastructure projects, has likely driven an increase in the competition for project administrators," Chapman said. The SEEK data is based on average advertised salaries, comparing February to April, 2024 with February to April, 2025. Here are the jobs with the top 10 fastest-growing salaries, and how much they have increased on average over the past year: Analyst (government and defence): $130,117 up 26.8 per cent Taxation consultation (accounting): $95,375 up 24.5 per cent Operations analyst (banking and financial services: $98,301 up 21.1 per cent Maintenance manager (manufacturing, transport and logistics): $146,613 up 19 per cent Electrical engineer (mining, resources and energy): $165,917 up 18.3 per cent Project administrator (construction): $92,788 up 16.8 per cent Finisher (trades and services): $90,695 up 16.6 per cent Customer service representative (retail and consumer products): $64,027 up 16.2 per cent Membership consultant (sport and recreation): $68,435 up 16.1 per cent Assistant (hospitality and tourism): $70,762 up 15.6 per cent The Australian Taxation Office (ATO) also recently revealed the highest paying jobs in Australia, based on tax return details from the 2022-23 financial year. Surgeons were crowned the winners, earning an average of $472,475 a year. Other medical professions also dominated the list, with anaesthetists in second place with average earnings of $447,193. Here's the top 10 highest paying jobs: Surgeon $472,475 Anaesthetists $447,193 Financial dealer $355,233 Internal medicine specialist $342,457 Psychiatrist $286,146 Other medical practitioners $259,802 Mining engineer $206,423 Judicial or other legal professional $206,408 Chief executive officer or managing director $194,987 Financial investment advisor or manager $191,986 For comparison, the average Australian income was $74,240 a year, while the median income was $55,868 a in retrieving data Sign in to access your portfolio Error in retrieving data
