What a Trump re-election could mean for Australian media and marketing budgets
A number of companies within the Australian media and marketing industry have been hit with redundancies in 2023 alone, and while it’s hoped that this trend will slow down, the upcoming US federal election could play a significant role.
On a new episode of the Mumbrellacast, the team discussed the recent redundancies announced by Private Media – the publishers of groups like Crikey and The Mandarin – which follow similar announcements from companies such as CHEP and the Australian LADbible office this year.
Mumbrella publisher, Adam Lang, noted comments made by Future Fund boss, Raphael Arndt, at a recent ASIC summit, who said that the possible re-election of Donald Trump could be “quite a dangerous point in history”.