Online warning for papers - www.seek.com.auPaul Bassat - "In simple terms, online is a better medium both for the job seekers to find jobs and for the advertiser to find staff."
About 15 per cent of classified employment ads are online and Seek has a 48 per cent share of this market.
Mr Bassat said the Australian market would soon match the United States, where 22 per cent of job ads are online, resulting in a 50 per cent increase in revenue for Seek.
He tipped that in 5-10 years more than half of the jobs ads would be on the internet.
Publishing and Broadcasting Ltd has a 25 per cent stake in Seek and James Packer chairs the board.
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