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On 18 April 2005, Seek was floated on the Australian Securities Exchange with a market capitalisation of $587 million. [4] In May 2022, it moved its head office to a newly-constructed building in Cremorne, Victoria. [5] In June 2024, SEEK sold its holdings in the Latin American job-boards OCC (Mexico) and Catho (Brazil). [6]
The Fair Work Amendment (Supporting Australia’s Jobs and Economic Recovery) Act 2021 (Cth) is an Act of the Parliament of Australia, which brought about considerable amendments to the Fair Work Act 2009. Prior to its passing, the legislation was considered to be the most significant industrial relations reform since the original Act's passage.
Workforce Australia is an Australian Government-funded network of organisations (private and community, and originally also government) that are contracted by the Australian Government, through the Department of Employment and Workplace Relations (DEWR), to deliver employment services to unemployed job seekers on Government income support payments and employers.
The Department of Energy, Environment and Climate Action (DEECA) is a government department in Victoria, Australia. It is responsible for various matters related to the environment, energy and climate change. The department was renamed from the Department of Environment, Land, Water and Planning on 1 January 2023. [1]
Usually, a fly-in fly-out job involves working a long shift (e.g., 12 hours each day) for a number of continuous days with all days off spent at home rather than at the work site. As the employee's work days are almost entirely taken up by working, sleeping, and eating, there is little need for any recreation facilities at the work site.
Following its purchase of 10.1% stake in 2008 for $19.3 million [8] and another 11.2% stake for RM70.9 million in 2010, [9] SEEK Limited, the Australian internet job recruitment company made a complete takeover in 2014 for RM 1.73 billion [10] [11] together with co-investors, News Corp, Tiger Global and Macquarie Capital.
Since its inception in September 1997, the company has become the #1 Job seeking portal in Australia. Bassat remained CEO of SEEK until 2021 (succeeded by Ian Narev), at which point he became CEO of SEEK Investments, a subsidiary of SEEK Limited, with a dedicated focus on making new investments and managing and growing SEEK's existing investments.
He discussed with his brother Andrew, a management consultant, the idea of setting up an online real estate site and soon switched focus to online jobs. Rockman, a friend of the brothers came on board and the company launched in 1998. [6] [7] Rockman was in charge of Sales & Marketing at Seek. [8] Irvin Rockman was a seed investor in Seek. [4]