CLASSIFIED – AUSTRALIA

Vizeum sees no conflict in roles

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Original article by Darren Davidson
The Australian – Page: 19 : 9-Jul-14

Media buying agency Vizeum faces concerns that its representation of real estate agents breaches competition laws. It has confirmed that it is acting for Real Estate Digital Marketing Services to negotiate ad rates with online classifieds portal REA Group. Questions have been asked about the involvement of Norman Draper, who is linked to REA rival Domain. Vizeum said that there was no conflict of interests, as it was acting for a not-for-profit organisation

CORPORATES
REA GROUP LIMITED – ASX REA, VIZEUM, REAL ESTATE DIGITAL MARKETING SERVICES PTY LTD, DENTSU AEGIS NETWORK, DOMAIN.COM.AU, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, METRO MEDIA PUBLISHING PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, DEUTSCHE BANK AG

Boycott threat in advertising war

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Original article by Samantha Hutchinson
The Australian Financial Review – Page: 39 : 8-Jul-14

Real estate agents may decide to boycott certain services provided by Australian-listed online classifieds group REA if no agreement is reached on charges. Media buying group Real Estate Digital Marketing Services (REDMS) stated on 7 July 2014 that it sought a meeting with REA, but the latter refused to discuss the matter of fees charged by its realestate.com.au portal. REDMS represents more than 400 Victoria-based agents

CORPORATES
REA GROUP LIMITED – ASX REA, NEWS CORPORATION – ASX NWS, REAL ESTATE DIGITAL MARKETING SERVICES PTY LTD, VIZEUM, FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN PROPERTY GROUP, METRO MEDIA PUBLISHING PTY LTD, BIGGIN AND SCOTT PTY LTD