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2013/2014 EOFY MARKET WRAP UP

As we approached the end of 2013, it became apparent that business confidence was rising and a more positive sentiment was starting to give way. The Federal election was over and consumer confidence was buoyed due to low interest rates, rising house and share prices and relatively stable unemployment. It is anticipated that the Australian economy will grow by 2.8% throughout 2014 and this has already transpired into greater confidence and an increase in hiring activity for the first half of the year.
Contract and project resourcing has become an increasingly more popular alternative to using professional consulting firms and even in some cases, to permanent headcount. Whilst some large organisations have continued to cut costs and implement streamlining initiatives, this has also contributed to the demand for contract change management professionals and project resources, particularly across Finance, Technology and HR.
Project Resource Partners has worked with organisations to source contract Change Analysts, Organisational Change Managers, Communications Managers and Transition Managers. Across the project space, Program Directors, Project Managers and Business Analysts have all been in high demand.
As market conditions improve and candidates begin to have more opportunities available to them, it is becoming more important for our clients to move quickly to secure the best talent presented to them before candidates are snapped up by competing organisations.
As we approach the new financial year with more optimism than the last, Project Resource Partners is growing too, we now have four consultants specialising in contract and project resourcing across business transformation and change management.