Chief economists at NAB and AMP have flagged Australia’s low unemployment rate as critical to current consumer confidence while low economic growth hovers above recessionary levels. The threat of incoming job cuts have them worried – and their data suggests those betting on tax cuts to refuel spending may be taking a big risk.
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Global Alliance for Responsible Media confirms demise after being slapped with X lawsuit, citing financial difficulties
The Global Alliance for Responsible Media (GARM), a voluntary cross-industry initiative established in 2019, has confirmed it’s discontinuing operations after being hit with an antitrust lawsuit by Elon Musk’s X platform over an alleged advertising boycott.
Australia’s tertiary education sector boosts ad spend in race to win new students: Nielsen
New data from Nielsen reveals that Australian tertiary education institutions have significantly increased their advertising spend over the past year, with spend up 19% between May and June alone.
Qantas docks Joyce payout by $9.26m after board review finds failings in executive and board performance led to reputational damage and customer issues
Qantas is docking the payout of former group CEO, Alan Joyce by $9.26 million and reducing short-term incentives for current and former senior executives by one-third after an executive governance review found failings by board and management contributed significantly to the airline’s reputational and customer service issues.
Intrepid Travel appoints Payton Iheme as chief impact officer in strategic move to boost US market presence
Intrepid Travel, a certified B Corp and a leader in responsible travel, has appointed Payton Iheme as its Chief Impact Officer. This newly created role will see Iheme leading the company’s global sustainability and impact initiatives, as well as its not-for-profit, the Intrepid Foundation.
Bref takes the City2Surf as Official Toilet Cleaning Products Partner
Henkel-owned toilet cleaning brand, Bref, is the latest brand to join the City2Surf for 2024, landing an unconventional partnership as the event’s Official Toilet Cleaning Products Partner.
Uber’s advertising business surges ahead, hitting US$1 billion run rate milestone
Uber’s advertising business has achieved a significant milestone, surpassing the US$1 billion annual revenue run rate two quarters ahead of schedule.
CHEP Network unveils first brand campaign for Spirit of Tasmania
Spirit of Tasmania has launched its first brand campaign since appointing CHEP Network as its creative agency of earlier this year.
ThinkNewsBrands joins forces with the Australian Marketing Institute to boost news publishing media education.
Winning an award has some obvious benefits: but apart for the kudos of receiving a glittering trophy, there are some really tangible benefits of entering a reputable awards program.
Specsavers’ media pitch lands with EssenceMediacom
Specsavers has concluded a four-month pitching process by appointing GroupM’s EssenceMediacom as its media agency for Australia and New Zealand.