Vacancy in city fringe office markets is expected to almost double by the end of next year.
Seek has withdrawn all earnings guidance and postponed payment of its dividend due to the COVID-19 pandemic
Seek has reported a 16 per cent increase in revenue for the financial half-year but said it was impossible to forecast the impact of the coronavirus on full-year earnings.
Seek posted a jump in revenue for the 2019 financial year but chief executive Andrew Bassat has warned the last six months were volatile for the job listings site's crucial markets of Australia,China and Hong Kong.
When Seek's Andrew Bassat first approached Ian Narev,he was about a zero per cent chance of returning to public life. Then Narev got excited.
Media organisations and classifieds executives have hit back at claims from Facebook and Google that property,job and vehicle advertisements moving online have affected news publishers'revenues more than the rise of the US-based digital behemoths.
Weakness in the Australian economy did not stop job listings website Seek from posting strong results on Wednesday.
Leaders of some of the country's biggest businesses have issued a plea for an end to uncertainty.
As analytics become more important to Seek,chief executive Andrew Bassat says data breaches experienced by HR software provider PageUp has reinforced how important data protection is.
The share price for Seek plunged on Monday on the back of a $178 million write-down across the job classifieds site's Brazilian and Mexican assets.
Woolworth and Ramsay Health Care chairmen say they won't be asking departed AMP directors to step down.