New year budgets see hiring expectations rise
The finance sector is embarking on a large-scale recruitment drive, with returning confidence translating to a spike in permanent appointments, a snapshot shows.
After months of contract-only roles dominating job ad space, the market has seen a shift back towards permanent employment, particularly in management and accountancy roles, according to Hays’ hiring trends report.
However, the demand for 12 month contractors is also high.
The proliferation of Initial Public Offerings (IPOs) in the market has pushed up demand for finance managers, particularly those who command salaries between $120,000 and $140,000. The number of candidates in the space increased as well.
Auditors with experience at one of the Big Four are also being sought, along with analysts across the experience spectrum, but particularly those with between one and three years’ experience, the survey showed.
On the accounting side, small to medium businesses have an eye out for mid-level accountants, with “all-rounders” in placed in especially good stead.
Financial accountants with Government security clearance are in very high demand, as organisations look to compensate for losses from former employees who have taken voluntary redundancies.
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ASIC was active in the first quarter of 2025 with several financial adviser bannings and court action, while the FSCP also handed down outcomes to advisers.
With a joint venture announced between WT Financial and Merchant Wealth Partners, the firm may have a US background, but partner David Haintz has a long history with Australian financial advice.
The big four bank is set to see $40 million per annum in cost savings as it continues to migrate customers from its Asgard wealth platform to BT Panorama by FY26.
AMP North has added three new managers to its range of managed accounts for financial advisers and also extended its existing partnership with Betashares.
