Updated Aug 12, 2026 – 12.59pm, first published at 12.51pmFollow our live coverage of the August 2026 ASX reporting seasonSeek chief executive Ian Narev has defended paying millions in performance fees to the $2 billion Seek Growth Fund despite it losing $300 million in value year-on-year, and the job listings giant has also warned that the decline in ad volumes is likely to get worse in the year ahead.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles