Ad spend in June the highest first half spend since SMI meas

Ad spend in June the highest first half spend since SMI measurement began


Ad spend in June the highest first half spend since SMI measurement began
August 3, 2021 8:47
The Australian ad market’s remarkable recovery from its COVID doldrums continued in June, with ad spend going past pre-COVID levels of June 2019 and also being the highest ever month recorded in a first half in Standard Media Index history.
Bookings grew 44.3% year-on-year for the month of June, reaching $754 million, higher than any month in the January to June period since SMI began collecting data in 2009.
SMI AU/NZ managing director Jane Ractliffe said such figures show that advertising’s recover is sustainable moving forward. “It’s simply an incredible accomplishment to have achieved such a level of ad spend when the market is still in recovery mode. Who would have even thought this could be possible a year ago?

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