Fairfax Media’s online property classifieds business Domain is turning into an earnings dynamo. Domain, as we said in Fairfax’s prime real estate from 29 Jun 15 (Hold – $0.83), is now nipping at REA Group’s heels, having moved from ‘eating dust’ to a solid number two market position. It’s even pushing through price increases.
Strong result from Domain
Cost cutting benefited Metro Media
Risk of merger with another media company