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Google’s Australian revenue hits $4.8b

Author: Zoe Samios
Publication: The Sydney Morning Herald

Google has sidestepped the shrinking advertising market to post record Australian revenue of $4.8 billion, sparking immediate calls for the search giant to share a slice of its local income with publishers.

Financial accounts lodged this week with the corporate regulator for the 2019 calendar year show that a weakening economy and reduced spending from advertisers did not affect Google’s Australian operations.

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