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Four weeks ago giant Japanese recruiter, Recruit, concurrently announced agreements to purchase both peoplebank and Chandler Macleod. As the respective boards of both companies are recommending that shareholders accept the bid, and with no alternative bid likely, both companies will soon be fully owned by Japanese investors. John C Plummer will pocket just under AUD$39 million for his…

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Yes, I am pleased to confirm that the Australian recruitment agency sector, after a near-death experience in late 2008 and early 2009, is alive and well. Reports of the industry’s irrelevance were proven to be well off the mark as growth and profitability rebounded strongly in 2010.   That doesn’t mean it was a year…

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