From last year, the amount consumes on online classifieds in Australia is almost $1.87 billion spent by the advertisers. This amount is used up to advertise the products and services online across the world. Fortunately according to the latest figures report from PricewaterhouseCoopers about the 9.4 per cent in line with the online classifieds in Australia is indeed the amount of increase they achieved. Good news is that online classifieds in Australia would definitely break the $2 billion barrier by the end of this financial year.

The innovation of advertising through banners and videos in all major search engines is predicted to be a $2 billion medium by the end of 2009, this indeed the second most popular free classifieds in Australia besides the newspaper and televisions.

Third quarter of 2009 only achieved 3.3 per cent on the same period in 2008 but got recovered on the final quarter, posting almost 11 per cent increased on their ads. According to Paul Fisher, chief executive of Interactive Advertising Bureau that the third quarter of the year was quite shock to most of the Australian however they are in positive set of mind that they will recover on the last quarter.

From the dent on the main media advertising business as estimated of $900 million has been used up without getting any profit because of the budget cutbacks, however Mr. Fisher in a certain extent have a positive outlook in the result on ads in due times.