The ASX slipped 0.6 per cent amid rising geopolitical tensions in the Gulf, with losses led by materials and the big banks, while energy stocks climbed on a surge in oil prices. Against that backdrop, a sharp shift in the jobs market is emerging, with SEEK reporting a 75 per cent rise in advertised roles mentioning AI skills.
SEEK Chief Economist Blair Chapman unpacks what that means for workers as major tech investments accelerate, including Microsoft’s $25 billion push into Australian data centres and AI training. NAB’s Gemma Dale also breaks down the day on markets, where global highs contrast with local uncertainty.
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