Online display and classifieds ‘now worth $1.6bn’
Online display revenue in Australia rose to $954m and online classifieds to $707m in the last financial year, new figures from the Interactive Advertising Bureau suggest.
The figures are up on last year with display up 12 per cent, from $853m in 2011-12, and classified revenue up 10 per cent from $643m.
According to the PWC-compiled report, total online advertising expenditure in Australia hit $3.6bn for the financial year ending 30 June 2012, up of 14.6 percent on 2011-12.