Markets, results, deals and funding, with a bias toward the numbers behind media and marketing.
Organic growth hit 5% in the September quarter and Asia Pacific grew 5.4%, while the Sapient consulting arm shrank. Sadoun says enterprise AI is slower and costlier than the consumer kind.
Organic growth hit 5% in the September quarter and Asia Pacific grew 5.4%, while the Sapient consulting arm shrank. Sadoun says enterprise AI is slower and costlier than the consumer kind.
Net revenue reached $376 million, with digital screens taking 77% of it, after 5.6% growth in the June quarter. Agency bookings across all media fell 3.4% in August, Guideline SMI found.
Digital fell 7.1% while outdoor rose 10.7% and government spend 44.4%, Guideline SMI figures show, though late digital bookings lifted May, June and July into growth and could yet soften the August result.
The property portal's $246.9 million bill topped four big ad-market names put together in the ATO's 2024-25 data, while Netflix paid 0.6 per cent of its $1.4 billion Australian income.
Nine Entertainment (ASX: NEC) closed at 73 cents on 23 September, down from 80 cents at the start of the week, a fall of 8.75% in five trading days.
Three numbers landed inside 24 hours this week and they all point the same way. Consumer confidence at 72. A $276.5 million loss at Australia's biggest department store chain. And a near-certain interest rate rise arriving just as retailers enter their most important trading quarter.
Australia's unemployment rate rose to 4.6% in August 2026, the highest rate in four years. Unemployment was last this high in August 2021.
