9/12/2024

Privacy Act Amendments | Ecommerce Podcast | Brisbane Event | Nickable Slides | Ad Creative ID | Media Mayhem | Jobs

Dear IAB Community,


Big news! An amendment to the Privacy Act was introduced into Parliament this morning.  It is the first of two tranches of reforms and contains: provisions to introduce a legal right to take action in court for serious invasions of privacy (statutory tort); greater transparency on automated decision-making that affects individuals' rights; additional enforcement powers for the OAIC; and a requirement to develop a children's online privacy code, amongst other things.  It does not include some of the advertising specific provisions that IAB was particularly concerned about – such as targeting, trading or the fair and reasonable requirement. Our Director of Regulatory Affairs, Sarah Waladan, has provided a very quick summary here – but we will provide more analysis and information to the IAB community as we go through the detail.


I recently joined Nathan Bush on his Add to Cart podcast to discuss a range of ecommerce, data and retail media topics. A nice commute listen to get up to speed on these topics. We have a range of fresh resources on these topics including the IAB Australia/Pureprofile ecommerce report, retail media measurement principles, Retail Media State of the Nation report and our retail media e-learning (free for anyone in member organisations).


It was wonderful to see so many folks at MeasureUp yesterday, we will be releasing content and videos to attendees. Our next event is our Brisbane Market Update on 16th October where will cover a range of industry hot topics.


We have just released a new set of nickable slides with 18 pages of audience trend and media consumption gold for members. Purposely designed for pilfering and use in your own decks.


Attendees at our Video Summit earlier in the year received an update on IAB Tech Lab's new Ad Creative ID Framework (ACIF) which offers a groundbreaking solution by introducing a standardized ad creative identification and management approach. ACIF aims to streamline the fragmented digital advertising space by ensuring that a single registered creative ID can be recognized universally across all ad tech platforms, addressing critical issues such as ad tracking, cross-platform reporting and measurement, frequency management and reconciliation. Our colleagues at IAB US have outlined how this ID can help with the challenges of having a unified view of converged TV across linear, CTV, and digital platforms.


The folks at Mumbrella kindly published some of the key industry challenges and opportunities for the IAB and the digital advertising industry in their latest Media Mayhem column. Have a read and get in touch if you want to discuss any of these topics.


'Til next week


Gai


measureup

The IAB is coming to Brisbane for one day only! Join us to hear the latest updates on the Brisbane market and the digital advertising market overall. 

secure your tickets

revenue report

Here's a great listen for your afternoon commute! Our CEO Gai Le Roy joined Nathan Bush on the Add To Cart podcast to discuss all things ecommerce, changing consumer shopping habits, loyalty programs, retail media, data privacy and the changing advertising workforce.

listen now

nickable slides

This pack of industry slides with the latest Ipsos iris data, highlights some of the trends in Australians usage of websites and apps during the month of July 2024 and trends over the last year, including slides presented at MeasureUp.

download the slides

measureup gallery

If you didn't make it to MeasureUp yesterday, you missed an amazing day! Here's a sneak peak at some of the photos.

view the gallery

9/05/2024

New Ad Spend Data | Podcast Creator Economy | MeasureUp Next Week | Finance Audience Trends | Jobs

Dear IAB Community,


Investment in digital advertising in Australia was up 9.7% for FY24 compared to FY23 and up 14.1% for the June quarter versus the previous comparative quarter. Detailed breakdowns and trend information on market investment are now available for IAB Australia members in the newly released Internet Advertising Revenue Report and accompanying data. This report (previously named the Online Advertising Expenditure Report) has had a makeover including more in-depth information on types of video investment as well as social spend.  Retail remained the top advertiser investment category for content publishers followed closely by automotive which has seen a big uptick in share of spend over the past couple of years.


The market saw strong growth in search, social and video formats. Digital audio was the fastest growing reported format (albeit if from a lower base) with growth of 24% yoy. Within the digital audio spend, the podcast ad market was worth $105m for FY24 and if you are interested in the podcast sector, I would recommend reviewing the recent IAB US report titled Podcasting in the Creator Economy.


I can't wait for the MeasureUp conference next week where presenters have been challenged to share new data, techniques and case studies for ad effectiveness and media measurement. There is a huge line up with speakers from Gain Theory, Mutinex, Domain, Lion, University of Tasmania, Scope3, Google, Optus, Samba TV, Audience360, Yango, BYD, Meta, Spotlight, P&O Cruises, Criteo, Coles360, Kinesso, Diageo, Milton Data, OzTAM, Tracksuit and Naked Spirits.


Our friends at Ipsos have just released a major report looking at audience behaviour in relation to the finance sector. Based on Ipsos iris insights the Finance Category Report outlines where Australians are going for financial support and information, content consumed, cross consumption and rich competitive insights that can be used to drive better outcomes for Australians seeking financial support and guidance. There are also a range insights from Ipsos iris  in our nickable charts with recent resources on sports, auto and lifestyle for members.


I have had so many interesting conversations in market about the findings in the latest Digital Advertising & Ad Tech Talent Review, if you haven't downloaded it yet it is definitely worth a read.


More resources from Google and Samba below as well as some great job openings.


'Til next week


Gai


measureup

MeasureUp is less than one week away! If you haven't already booked your ticket, today's the day. Among the brilliant line, up hear from these industry leaders share their insights on the best way to build effective marketing programs.

secure your tickets

revenue report

Investment in digital advertising in Australia was up 9.7% for FY24 compared to FY23 and up 14.1% for the June quarter versus the previous comparative quarter. IAB Australia members can access the full report now.

download the report

brisbane

The IAB is coming to Brisbane for one day only! Join us to hear the latest updates on the Brisbane market and the digital advertising market overall. 

secure your tickets

ipsos

The Ipsos iris Finance Category Report provides a deep dive into the trends, usage, behaviours, and profiles of Australians using digital content, sites, and apps across Insurance, Banking, Investment, Comparison Sites and Loan Companies. 

download the report

sambatv

The new Australian State of Viewership Report is here from SambaTV.

download the report

google

Powering Peak Profitability: Insights from Google on making every connection count this retail peak season.

read more