CLASSIFIED – AUSTRALIA

Fairfax accused of misleading app claims

roymorgansocial Leave a comment

Original article by Andrew Jefferson
The Australian – Page: 21 : 8-Mar-16

Australian-listed REA Group has alleged in the Federal Court that an advertising campaign by property listings rival Domain was misleading and deceptive. The legal action centres on ads that were published by Domain owner Fairfax Media in its newspapers in February 2016. The ads claimed that the Domain app is more widely used than REA’s realestate.com.au app and has a higher user rating on Apple’s app store. REA has disputed these claims.

CORPORATES
REA GROUP LIMITED – ASX REA, REALESTATE.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN.COM.AU, FEDERAL COURT OF APPEAL (CANADA)

A numbers game and semantic antics as Realestate and Domain fight over whose app is bigger or better

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 18-Feb-16

A Roy Morgan Single Source survey has found that 1,968,000 Australians aged 14+ have ever downloaded the Realestate.com.au app to one or more mobile devices, and 1,295,000 have downloaded the rival Domain app. The survey, which was carried out in the three months to December 2015, also shows that 30 per cent of those with either app (or 752,000 people) have downloaded both. Meanwhile, 1,414,000 Australians aged 14+ used the Realestate.com.au app in an average four weeks during the December quarter, while 901,000 used the Domain app.

CORPORATES
ROY MORGAN RESEARCH LIMITED, REALESTATE.COM.AU, DOMAIN.COM.AU

News Corp CEO admits to ‘challenging’ ad market as Rupert Murdoch’s pay packet falls

roymorgansocial Leave a comment

Original article by Miranda Ward
Mumbrella – Page: online : 2-Sep-15

News Corporation has reported a loss of $US149 million ($A201.7 million) for 2014-15. Robert Thomson, CEO of the company, said that advertising remains "challenging". New products will be developed to stimulate growth in digital subscriptions. Thomson received $US10.29 million as total remuneration in 2014-15, compared with News Corp co-chairman Rupert Murdoch’s $US5.07 million.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, GOOGLE INCORPORATED, WPP GROUP PLC, FOX SPORTS, AUSTRALIAN FOOTBALL LEAGUE, SEVEN NETWORK LIMITED, PRESTO ENTERTAINMENT PTY LTD

Back to realty: News Corp rules property search in Melbourne – but will Sydney be Fairfax’s domain?

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 12-Mar-15

A Roy Morgan Single Source survey has found that 819,000 property-hunters in Melbourne visited Realestate.com.au via website or app and/or read the Herald Sun’s weekday or weekend real estate section in an average week during the year to December 2014. This is seven per cent higher than in 2013. Domain’s total audience, comprising both digital visitors and readers of the print sections of The Age, rose by four per cent to 486,000 in 2014. In Sydney, Domain’s total digital and Sydney Morning Herald print reach rose by 10 per cent in 2014, to 675,000 in an average week. The number of people accessing Realestate.com.au and/or the Daily Telegraph’s real estate section in an average week was virtually unchanged at 683,000

CORPORATES
ROY MORGAN RESEARCH LIMITED, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, REALESTATE.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN.COM.AU

Domain vs REA: apples for apples audience numbers from Roy Morgan Research

roymorgansocial Leave a comment

Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Feb-15

A Roy Morgan Single Source survey has found that more than 3.5 million Australians aged 14+ accessed Realestate.com.au via its website or app in an average four weeks in the six months to December 2014. This compares with 3.3 million during the same period in 2013. Some 1.7 million Australians accessed Fairfax Media’s Domain in the second half of 2014, down from 1.8 million in the previous corresponding period. The total audience growth for Realestate.com.au comprised an increase in the number of both website visitors (up six per cent) and mobile phone or tablet app users (up seven per cent)

CORPORATES
ROY MORGAN RESEARCH LIMITED, DOMAIN.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, REALESTATE.COM.AU, REA GROUP LIMITED – ASX REA

SEEK misses the mark, shares tumble 8.7pc

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 18 : 18-Feb-15

Listed online jobs advertising group SEEK has posted a 2014-15 interim underlying after-tax net profit of $A94.1m, which is nine per cent higher than previously. The group’s underlying revenue was 17 per cent higher at $A395.3m, and shareholders will receive an interim dividend of $A0.19 per share. Justin Diddams of Citigroup says the underlying profit result was disappointing, and his firm has a "sell" recommendation on the stock

CORPORATES
SEEK LIMITED – ASX SEK, CITIGROUP PTY LTD, HYPERION ASSET MANAGEMENT LIMITED, JOBSTREET CORPORATION BERHAD

Carsales.com looks at iCar Asia takeover

roymorgansocial Leave a comment

Original article by Gretchen Friemann
The Australian Financial Review – Page: 26 : 11-Sep-14

Australian-listed Carsales.com currently holds a 22.9 per cent stake in iCar Asia. Rev Asia Berhad’s decision to offload its 27.2 per cent holding in iCar has prompted speculation that Carsales.com could launch a bid for control of the business. Carsales.com is keen to expand its international presence due to its limited growth opportunities in Australia, where it is the leading player in the automotive classified advertising sector

CORPORATES
CARSALES.COM LIMITED – ASX CRZ, ICAR ASIA LIMITED – ASX ICQ, REV ASIA BERHAD, CATCHA MEDIA BERHAD, CATCHA GROUP, IPROPERTY GROUP LIMITED – ASX IPP, REA GROUP LIMITED – ASX REA, SEEK LIMITED – ASX SEK, JOBSTREET CORPORATION BERHAD, ZHAOPIN LIMITED

Carsales.com looks at iCar Asia takeover

roymorgansocial Leave a comment

Original article by Gretchen Friemann
The Australian Financial Review – Page: 26 : 11-Sep-14

Australian-listed Carsales.com currently holds a 22.9 per cent stake in iCar Asia. Rev Asia Berhad’s decision to offload its 27.2 per cent holding in iCar has prompted speculation that Carsales.com could launch a bid for control of the business. Carsales.com is keen to expand its international presence due to its limited growth opportunities in Australia, where it is the leading player in the automotive classified advertising sector

CORPORATES
CARSALES.COM LIMITED – ASX CRZ, ICAR ASIA LIMITED – ASX ICQ, REV ASIA BERHAD, CATCHA MEDIA BERHAD, CATCHA GROUP, IPROPERTY GROUP LIMITED – ASX IPP, REA GROUP LIMITED – ASX REA, SEEK LIMITED – ASX SEK, JOBSTREET CORPORATION BERHAD, ZHAOPIN LIMITED

Carsales.com looks at iCar Asia takeover

roymorgansocial Leave a comment

Original article by Gretchen Friemann
The Australian Financial Review – Page: 26 : 11-Sep-14

Australian-listed Carsales.com currently holds a 22.9 per cent stake in iCar Asia. Rev Asia Berhad’s decision to offload its 27.2 per cent holding in iCar has prompted speculation that Carsales.com could launch a bid for control of the business. Carsales.com is keen to expand its international presence due to its limited growth opportunities in Australia, where it is the leading player in the automotive classified advertising sector

CORPORATES
CARSALES.COM LIMITED – ASX CRZ, ICAR ASIA LIMITED – ASX ICQ, REV ASIA BERHAD, CATCHA MEDIA BERHAD, CATCHA GROUP, IPROPERTY GROUP LIMITED – ASX IPP, REA GROUP LIMITED – ASX REA, SEEK LIMITED – ASX SEK, JOBSTREET CORPORATION BERHAD, ZHAOPIN LIMITED

Perked-up SEEK aims to complete JobStreet bid in weeks

roymorgansocial 1 Comment

Original article by Madeleine Heffernan
The Australian Financial Review – Page: 19 : 21-Aug-14

Australian-listed SEEK has posted a 2013-14 underlying net profit of $A179.7m. The online job advertisement website operator had revenue of $A756.4m for the financial year, while shareholders will receive a dividend of $A0.16 per share for the second half. Meanwhile, the group has advised that it expects to pay $A636m for JobStreet, with the deal likely to be finalised in September 2014

CORPORATES
SEEK LIMITED – ASX SEK,JOBSTREET CORPORATION BERHAD,SINGAPORE. COMPETITION COMMISSION,CITIGROUP PTY LTD,LINKEDIN LIMITED,MORGANS FINANCIAL LIMITED,CARSALES.COM LIMITED – ASX CRZ,REA GROUP LIMITED – ASX REA