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Hays' Australian GP falls further; record quarter for NZ

Hays' Australian gross profit fell 9% year-on-year in constant currency during the three months to March, according to the company's latest trading update.

This follows a 6% fall in the December quarter, and a 1% increase in the September quarter.

In New South Wales and Victoria (which account for 51% of Australia), gross profit fell by 11% and 13% respectively. Queensland and WA both fell by 4%, and ACT by 11% (all cc, year-on-year)...