Commentary

Down Under is Over

  • by June 1, 2001
Down Under is Over

International advertising is frequently reported, but here’s a continent rarely heard from. The Commercial Economic Advisory Service of Australia published data recently that show advertising in Australia increased 9.7% last year. Some of the media numbers are:

- Television advertising expenditure rose last year 11.9% to $2.7billion

- Outdoor advertising showed the biggest growth with the inclusion of overseas players, increasing 43% to $444.38 million

- Movie advertising grew nearly 18% to $69.29 million in 2000

- Newspaper advertising rose 9.2% to $3.3 billion

- Classified directories remained steady, climbing 0.35% to $978.2 million

- Magazines were up 9%

- Radio was up 6.2% and

- Rural publications up just 0.09%

- Business publications fell back 6% to $155.18 million

Mr Holt, of the Advisory Service, predicted a gloomy outlook for this year and into 2002 with advertisers cutting back their budgets or diverting expenditures into promotions and direct marketing.

Read more here.

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