B2B drives market demand, with B2B spending representing 91.9% of total demand in 2023. Fairfax Digital Australia & New Zealand Pty Ltd is the largest company in Australia, generating 7.7% of the industry’s total turnover value in 2023. The industry is fragmented, with the top four companies generating 10.7% of total production value in 2023. The total number of companies increases in 2023, to 648 units. The costs of the industry decrease by 0.2% in 2023, largely driven by declining labour costs. The industry’s profitability increases and stands at 28.7% of turnover in 2023, the ninth highest across the top 20 developed countries. With turnover of USD2.7 billion, Australia accounts for 82.5% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on News Agencies in Australia: ISIC 922. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The News Agencies in Australia: ISIC 922 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Information and Communication is an aggregation of Telecommunications, Computer and Related Services; Filmmaking, Radio and TV, Publishing and Printing.
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