Managers redeployed as Search Party burns cash

25 Jul 2017
ASX-listed recruitment site Search Party burned through nearly $10 million AUD ($7.9 million U.S.) in cash in little under 12 months, and now has just $600,000 AUD ($476,411 U.S.) on hand, which it hopes - along with an anticipated $1 million AUD tax rebate - will fund the company for the next 12 months.


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Angela Hawksford

Angela is a writer and journalist based in Sydney, Australia. She has extensive knowledge of the Australian real estate industry, having started her career in real estate advertising at News Limited newspapers, where she worked across a number of different mastheads in Sydney. She s also worked in television, magazines and online, and regularly contributes feature articles to The Sydney Morning Herald, MiNDFOOD and The Newcastle Herald.Angela also works as a content writer, creating written content for a number of SMEs across an array of industries, including real estate, education, technology and digital media.