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.
