Media

Weekly Broker Wrap: Outlook for domestic online media; Amazon in Australia; regulatory oversight of financial advisers; risks for automotive dealerships; booming electric vehicle sales.

REA Group highlights continued softness in Australian online real estate listings but unconcerned brokers are upgrading their ratings.

Seven West Media reported a surprisingly weak outlook for FY17 due to rising sports costs and falling TV advertising share.

Impact of the Commonwealth Budget; Origin’s power purchase; changes to aged care; growth in outdoor media; new property listings; Telstra and the NBN.

Southern Cross Media and Nine Entertainment have joined up in three key regional markets, replacing existing arrangements with Ten Network and WIN Corp respectively.

Is free to air TV in its death throes? Nine Entertainment acknowledges it has also lost market share.

Outdoor media offers a strong growth outlook, gaining traction as traditional media fragments. In the light of recent statistics brokers review the key players in the sector.

Anglo American’s Queensland assets; equity outlook stemming from results season; Goldman Sachs’ Small & Mid Cap Focus List; real estate classified trends.

Brokers are taking sides on whether a recent share price dip provides a buying opportunity or whether REA Group is fairly valued and in need of further catalysts.

Retail and energy sector previews; Outdoor media and banking sector outlooks; internet consumer trends; Bell Potter initiates on IVE Group.