News has been rife this last week that PBL would be launching an online Real Estate Portal to rival realestate.com.au and domain.com.au . I received an email from ‘Insider Dave’ late last week and to be honest I should have taken it a littl more seriously. I do know that PBL was interested in real estate and have a real estate magazine and that they were planning something, but not that they were nearly ready for launch. The new site rumoured to be myhome.com.au and will no doubt place some pressure on realestate.com.au, even more so than the poor attempt at a real estate portal presented by justlisted.com.au .

(more…)

With New Media ownership laws coming into effect soon, we will see a big change in the news landscape.

Here are some of my predictions……..
1. PBL will buy Fairfax (not the other way around) and will then hopefully do something about Domain.com.au and some other sites. Recently PBL sold their shares in Realestate.com.au and has no finger in the online real estate pie.

2. News Ltd will buy either Channel 7 or 10, which will give them a younger audience mix with their tired and declining newspapers. They will also take full control of Realestate.com.au at any price. This will give them a full suite of classifieds online and a great way to get these out to everyone.
(more…)

With PBL (think Kerry Packer) selling their shares in realestate.com.au one wonders their next move. That is if they still want to be involved in Internet real estate classifieds.

I think they do as they have shareholdings in Seek (jobs) and their Carpoint (cars) and all they need is real estate to participate in all “rivers of Gold” classifieds.
(more…)

The Internet is big business and Internet revenues are underpinning the growth of some of the largest media players in our countries.
(more…)