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Market Update - March / April 2024

Market Observations:

  • Australia wide, in the last quarter flexible job vacancies (e.g. contracts) fell 14.7%, while permanent roles fell 1.4% (RCSA)

  • NSW has had a year-on-year decline of 30.2%, job advertising volumes are the worst of all states and territories (Seek)

  • A market turnaround could be triggered through the expected interest rate cuts, which should in-turn increase business confidence. 

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