Australian music’s biggest night of the year, the 2023 ARIA Awards will light up our screens for its 37th edition of its annual awards night, with a special presentation on Channel 9 and 9Now, Wednesday, November 15 at 7.30pm.
From Sydney’s famous music venue, The Hordern Pavilion, the awards will be hosted by 9Network’s own Brooke Boney alongside comedian and radio host Tommy Little. In a celebration of the year that was in Australian music, showcasing and honouring the incredible talents of the best in our home grown music community.
The awards will feature exclusive performances from some of Australia’s best and this year’s nominees, including G Flip, Budjerah, DMA’S, Brad Cox, Fanny Lumsden, Jessica Mauboy, Meg Mac and Peach PRC.
Celebrating 50 years of Hip Hop in Australia, there will also be a special performance presentation by Bliss n Eso, Barkaa, 1200 Techniques, DJ Krissy and Sound Unlimited Posse featuring Kye.
Additionally, 2023’s ARIA Hall of Fame inductees, Jet, will perform a medley of their iconic songs to close out the awards ceremony.
Throughout the evening, a stellar list of Australia’s favourite artists and personalities will present awards across 29 categories, including Troye Sivan, Dolly Parton, Baker Boy, Claudia Karvan, Dylan Alcott, Marcia Hines, Cub Sport, Dermot Kennedy, Jack River, Jessica Mauboy, Joel Corry, Kate Ceberano, Pia Miranda, Thelma Plum, Poppy Reid, Smallzy, Hau Latukefu and Triple J’s Bryce & Concetta.
9Network’s Director of Programming and 9Now, Hamish Turner: “The 9Network are thrilled to again be broadcasting the ARIA Awards, showcasing its brilliant performances and awarding some of the biggest and best names in the industry. We are excited to celebrate and honour the incredible talents of the Australian music industry.”
2023 ARIA AWARDS WEDNESDAY, NOVEMBER 15 AT 7.30PM AEDT ON CHANNEL 9 AND 9NOW
As high school leavers prepare for their next stage of their education, Nine’s metro mastheads have launched digital hub Campus to help students navigate their way through universities and colleges.
Launching on smh.com.au, theage.com.au, brisbanetimes.com.au and watoday.com.au, the hub is filled with informative and practical content by the mastheads’ education experts, aimed at students transitioning from high school as well as current university students and people considering a return to study. Campus will help make sense of the tertiary sector as well as offering insights into what uni or college life is like and the opportunities available.
There will be articles to help make decisions about courses, learn how to set up for a career, and tips on the best ways to manage study load, finances and social life. Masthead writers will provide insights into their own tertiary experiences — what they did, what they wish they had done, and what they wouldn’t change.
Campus also features a unique interactive search tool, allowing readers to search courses at universities and colleges across New South Wales and ACT, Victoria, Queensland and Western Australia. Users choose a state/territory, a type of course (eg arts, science, engineering etc), a possible selection rank such as 75-80, and can see what courses are on offer at a range of universities and colleges.
“Education is a topic that is of huge interest to our readers,” said Tory Maguire, Executive Editor of The Sydney Morning Herald, The Age, Brisbane Times and WAToday. “Campus is a natural extension of the success of our Year 12 results and ATAR coverage as we continue to deliver engaging and useful information to younger audiences.”
James McCluskie, Nine’s Client Director – Education & Workplace, Finance & Tech, added: “Campus provides our tertiary partners the ideal platform to engage throughout the year with their key target audiences across the entire Nine publishing portfolio. A full calendar of digital first reports across 2024 encompassing everything from Study Guides, Postgrad options, and University rankings housed within Campus will see the hub become the No1 destination for parents and students looking to discover the best tertiary options available.”
After 13 weeks of intense competition, renovations and drama, the most anticipated real estate showdown of the year – The Block auctions – yesterday smashed the all-time sale record.
The highly regarded House 4 was first under the hammer, and NSW high school sweethearts Steph and Gian went on to be crowned The Block 2023 winners when Australian Financial Review Rich Lister Adrian Portelli paid $5,000,000 for it. With their reserve set at $3,350,000, Steph and Gian take home a record-breaking $1,750,000 – making $1,650,000 over reserve plus $100,000 in prizemoney.
Next up was House 5 for Eliza and Liberty, the sisters from Victoria. Their auction had three bidders going toe to toe, but Adrian Portelli snapped up his second house of the day for $4,300,000. With their reserve set at $3,250,000, the sisters won an extraordinary $1,050,000.
House 3’s auction was slow out the gate, with South Australian couple Kristy and Brett seeing it go for $3,035,000, just $65,000 over their reserve of $2,970,000.
Nabbing his third house of the day, Adrian Portelli easily picked up House 1 for $3,100,000, the one renovated by WA couple Kyle and Leslie. Their reserve was set at $2,970,000, meaning they walked away with $130,000.
However, The Block’s fifth and most eclectic property, House 2, was a heartbreaker. With their reserve also set at $2,970,000, Leah and Ash’s home failed to attract a bid above $2,900,000 and was passed in.
As of 9.00pm Sunday, November 5, Leah and Ash’s home is still open to purchase offers.
The Block 2023 winners Steph and Gian said: “It’s an incredible feeling. We are so overwhelmed right now and can’t believe it. It was such a surreal day, and to end on such a high like this after all the hard work is amazing. We are so grateful that Adrian Portelli saw something in our house which we love so much. This will change our lives.
“We have no idea what we are going to do with the money yet. It’s going to clear our debts in Sydney. It’s going to set us up for whatever the next stage is. It’s just unbelievable.”
Host Scott Cam said: “It has been a rollercoaster of a day, with ups and downs. We had the highest of highs and the lowest of lows. We had houses just above the reserves, one passed in, and then $1.65 million for Steph and Gian and over a million for Eliza and Liberty.
“I am very happy for Steph and Gian, I think they played the game beautifully and they deserve it. They stuck to their guns, they held their heads high, and they built a beautiful home.”
After watching the auctions unfold, The Block Executive Producer, Julian Cress, said: “For someone to make a million-dollar bid when the bidding is already at four million, it was an astonishing day.”
He praised the contestants, saying: “The ratings for the show say it all. It’s due to the contestants that the audience stuck by the show for 12 weeks and the ratings kept going up and up and up. It’s because of these people and the fact they were compelling to watch.
“I think Kristy and Brett are two of the best contestants we have had on the show and I feel terrible for them that they had to go through that, after just watching their neighbours make a million plus. For them to make $65,000 is pretty heartbreaking.”
After scooping up three houses, Adrian Portelli said: “I had a great day. It was an entertaining day to be part off. Life has changed so much since last year on The Block.
“I think with the three houses I bought, there is only a small percentage of Aussies who can afford something of this value. To be able to buy them and potentially give someone else a chance to win it in my promotion means a lot.”
Looking ahead to 2024, Julian Cress said: “It’s such a milestone to be able to say you are making a 20th season of a show. Scott and I and the whole crew are really excited to get into it.
“We think we have found the perfect location for an anniversary special in Phillip Island. It’s going to be an amazing 20th season of The Block.”
Since premiering on Channel 9 in 2003, Australia’s richest reality program has awarded a grand total of $35,587,807.60 in winnings.
THE BLOCK 2023 – AUCTION RESULTS
Order
House
Reserve
Sold for / highest bid
Profit
1
House 4
$3.350 mil
$5.000 mil
$1,650,000
2
House 5
$3.250 mil
$4.300 mil
$1,050,000
3
House 3
$2.970 mil
$3.035 mil
$65,000
4
House 1
$2.970 mil
$3.100 mill
$130,000
5
House 2
$2.970 mil
PASSED IN
PREVIOUS BLOCK WINNERS 2003 – BONDI – Adam & Fiona, $256,000 2004 – MANLY – Jamie & Andrew, $178,000 2010 – VAUCLUSE – John & Neisha, $305,000 2011 – RICHMOND – Polly & Waz, $115,000 2012 – SOUTH MELBOURNE – Brad & Lara, $606,000 2013 – ALL STARS (BONDI) – Phil & Amity, $395,000 2013 – SKY HIGH (SOUTH MELBOURNE) – Alisa & Lysandra, $395,000 2014 – FANS v FAVES (ALBERT PARK) – Steve & Chantelle, $736,000 2014 – GLASSHOUSE (PRAHRAN) – Shannon & Simon, $435,000 2015 – TRIPLE THREAT (SOUTH YARRA) – Darren & Deanne, $935,000 2015 – THE BLOCKTAGON (SOUTH YARRA) – Dean & Shay, $755,000 2016 – PORT MELBOURNE – Will & Karlie, $815,000 2017 – ELSTERNWICK – Josh & Elyse, $547,000 2018 – GATWICK (ST KILDA) – Hayden & Sara, $645,000 2019 – OSLO (ST KILDA) – Tess & Luke, $730,000 2020 – BRIGHTON – Jimmy & Tam, $1,066,000 2021 – FANS v FAVES (HAMPTON) – Mitch & Mark , $744,444 2022 – TREE CHANGE (GISBORNE) – Omar and Oz, $1,686,666.66
Have we got a text for you! As viewers fall in love with season five of Love Island Australia, sponsors are experiencing why it’s one of the hottest shows in the world for brands connecting with hard-to-reach younger audiences.
With 80% of last year’s audience watching Love Island Australia on 9Now, a digital first Total TV sponsorship package that mirrors consumption has resulted in brands experiencing first hand the benefits of a proposition combining the best of broadcast with the best of digital to deliver a full funnel solution.
As the sexy singles continue to flirt up a storm in the Mallorcan villa, a new era of brand sponsorship is providing clients – including Google Pixel 8 Pro and PepsiCo’s newest Sparkling Water brand bubly – with all of the usual brand building entitlements typically found in a broadcast sponsorship, such as premium placement, frequency management, exclusivity and integration, however, delivery is occurring majority on 9Now.
9Now Commercial Director, Tina Andrew, said: “Love Island Australia allows us to showcase a true digital first approach, with brands experiencing what TV sponsorship provides, but with the addition of premium slate online inventory, and the benefits of demo targeting, frequency capping of their campaigns reducing wastage and stretching value.”
“It’s a reverse approach based on the nature of the audience and is something we’ll be seeing more of in the future.”
With the Islanders being able to receive texts and keep their influencer dreams alive on Google Pixel 8 Pro mobile phones and charging stations, there is bubly brand and product integration, including bubly inspired games and a bubly-themed villa pool party. The sponsorship allows for extensive use of IP across the brands’ owned channels, and bespoke social content filmed with islanders shot in the villa.
Joanna Barnes, National Head of Investment, PHD, said: “The 9Now Love Island sponsorship provides a fully integrated solution for clients and a commercial model that is reflective of that. Great to see Nine advancing their digital offering and commercial partnerships as we accelerate ahead and make bold strides in the Total TV proposition.”
Nine’s director of content partnerships and client experience, Sarah Stewart, said: “Love Island is a unique format giving clients deep integration within a highly entertaining format that speaks to a very specific audience demographic, delivered at scale. Our viewers are highly engaged and savvy consumers, offering brands like bubly and Google Pixel a fantastic opportunity to deliver their message direct to these consumers.”
The advancement in digital first trading has resulted in the growth of digital enhancements, including addressability, dynamic creative optimisation, sequential messaging and conversion products, to leverage the data 9Now’s digital platform provides.
Love Island Australia is available for streaming on 9Now, dropping at 6pm AEDT every Monday to Thursday, with episodes screening on 9GO!
Nine has today announced that one of Australia’s most senior and respected sales leaders, Andrea Salmon, has been appointed as the Director of Sales – Melbourne.
She will have responsibility for Nine’s metro, regional, streaming and on-demand TV, radio, print and digital publishing teams. Together with Nine’s Powered she will help brands to create big ideas and deliver better business results leveraging Nine’s unique suite of assets and unrivalled scale.
Salmon has been one of Melbourne’s most senior media executives for over 20 years having previously been the Director of Sales in Melbourne for Southern Cross Austereo, and Bauer (ACP). Her most recent role was the Director of Sales – Radio at Southern Cross Austereo where she had responsibility for the national sales team.
“Nine has the most senior media sales team in Australia, we are obsessed with attracting the most innovative leaders in the market and there is no one better than Andrea. There isn’t a more perfect person in the country for this massive role,” said Michael Stephenson, Nine’s Chief Sales Officer.
Of her appointment, Salmon said: “The media industry is constantly evolving and innovating to deliver clients even better outcomes and Nine is at the forefront. I’m very excited to join the incredible team at Nine and to represent their unparalleled line up of media assets.”
Salmon will begin her new role on January 22. She takes on the position previously held by Sam Brennan, who has taken on a new role as Director of Strategic Partnerships – Retail Media, leading Nine’s Retail Media Partnership Program RTLX.
For further information, please contact: Adrian Motte Senior Communications Manager – Trade and Publishing amotte@nine.com.au
The 2024 edition of The Age Good Food Guide, featuring the best restaurants, cafes, bars and pubs in Victoria, launches today after sustainable fine-diner O.My was named Vittoria Coffee Restaurant of the Year at a chef-studded awards ceremony held in Melbourne last night. Low-waste champion Jo Barrett also took out the esteemed Oceania Cruises Chef of the Year award.
For 43 years, the annual Age Good Food Guide has recognised the best restaurants and chefs, and this year’s Guide is no different, compiling more than 450 independent reviews by our team of critics.
Good Food is Australia’s most respected food and beverage title, and its coveted hats – from one to the pinnacle of three – are recognised as the industry gold standard. This year’s Guide includes 149 hats: three restaurants received three hats, 30 restaurants received two hats and 116 restaurants received one hat. The three hat winners were Brae, Minamishima, and Amaru, which scored a third hat this year for the first time.
Edited by Emma Breheny and Ellen Fraser, The Age Good Food Guide contains reviews undertaken anonymously by a team of respected critics. More than 500 restaurants, bars, pubs and cafes at a wide range of budgets were visited across the state over the course of the last eight months.
“We’re so thrilled to launch The Age Good Food Guide for 2024, and to celebrate with all the winners tonight. There’s a lot that’s fresh about this year’s Guide, including 35 new one-hats and more than 100 new restaurants. It’s impossible to squeeze in every venue, but these are the places we flock to for conversation, connection and – above all – good food.” said Fraser.
The glamorous awards ceremony was held at the Plaza Ballroom and supported by long-term co-presenting partners Vittoria Coffee and Oceania Cruises. Three hundred chefs, restaurateurs and industry legends from Victoria’s food and drink scene gathered as 14 awards, along with the hats, were handed out.
“There’s an exciting mix of winners this year, from community-focused places like Little Picket in Lorne’s bowls club, led by our Chef of the Year Jo Barrett, to multimillion dollar projects with history behind them, like Kin or Reine & La Rue. It’s so pleasing to see our restaurant scene in Victoria continuing to surprise and innovate, especially at a time when people talk of big restaurant groups homogenising what’s on offer,” said Breheny.
Among the new features in this year’s edition is the Critics’ Pick symbol, denoting venues our reviewers love and recommend regardless of their score.
“Some specialise in a single dish, others are cooking food you won’t find anywhere else, or have a remarkable backstory you need to know. All are essential, noteworthy and groundbreaking in their own ways,” says Fraser.
Soi 38 took out theinaugural Critics’ Pick of the Year award. “It serves some of the city’s most exciting Thai food in one of its most unusual locations, and in many ways epitomises the spirit of this award: a place that incites fanaticism, a place we return to,” said Good Food chief restaurant critic Besha Rodell.
Melbourne’s Reine & La Rue won the Aurum Poultry Co. New Restaurant of the Year award, Regional Restaurant of the Year went to Heathcote’s Chauncy and the Flinders + Co. New Regional Restaurant of the Year winner was Wahgunyah’s Kin.
Flower Drum’s Jason Lui was named the Vittoria Coffee Legend for his outstanding long-term contribution to the hospitality industry. Lui more or less grew up in Flower Drum after his father and executive chef, Anthony Lui, bought the restaurant in 2003. Lui worked his way from busboy to general manager, along the way becoming a familiar face to diners – and the custodian of an institution that’s renowned around the world.
The Smeg Young Chef of the Year award this year went to two winners, Cameron Tay-Yap from Amaru and MoVida’s Lily McGrath. Etta owner Hannah Green was awarded the Oceania Cruises Service Excellence Award, while Dorian Guillon from Vue de Monde won Sommelier of the Year. Kazuki’s was recognised with Oceania Cruises Drinks List of the Year.
Cafe of the Year went to Chiaki, Bar Merenda took out Bar of the Year and the Innovator of the Year award, recognising a big thinker with bright ideas that better the community (and previously called the Food for Good award) went to Xavier Prime from Chooks at the Rooke.
The Age Good Food Guide includes more than 450 independently reviewed city and regional reviews as well as two new categories, Icons and Institutions – for venues delivering exceptional dining experiences decades in – and Top 20 Pubs. Melbourne’s top 20 cafes and top 20 bars, and best-of lists for dining in each Australian state and territory, can also be found within.
“While Good Food is known as the home of the hats, the Guide is much more than high-end restaurants. This year’s edition spans everything from long-adored institutions, pub eateries, suburban gems, no-frills pizza shops, hole-in-the-wall noodle joints, CBD bistros and impressive regional destinations. Importantly, it covers a broad range of budgets,” said Sarah Norris, Head of Food for The Age, The Sydney Morning Herald, Brisbane Times and WAToday.
The glossy 148-page Good Food Guide is the definitive guide to the state’s restaurants, cafes, bars and pubs, on sale tomorrow (Tuesday, October 31).
Guests at the awards were treated to a menu featuring produce from Aurum Poultry Co and Flinders + Co. Drinks were supplied by Vittoria Coffee, Archie Rose, Penfolds and Clover Hill.
The AgeGood Food Guide 2024 is available from newsagents, supermarkets and thestore.com.au for $14.95.
The Age Good Food Guide 2024 award winners: Vittoria Coffee Restaurant of the Year:O.My Oceania Cruises Chef of the Year: Jo Barrett Aurum Poultry Co. New Restaurant of the Year: Reine & La Rue Regional Restaurant of the Year: Chauncy Flinders + Co. New Regional Restaurant of the Year: Kin Oceania Cruises Service Excellence Award: Hannah Green Smeg Young Chef of the Year: Cameron Tay-Yap (Amaru) and Lily McGrath (MoVida) Sommelier of the Year: Dorian Guillon, Vue de Monde Oceania Cruises Drinks List of the Year: Kazuki’s Vittoria Coffee Legend Award: Jason Lui, Flower Drum Critic’s Pick Award: Soi 38 Cafe of the Year: Chiaki Bar of the Year: Bar Merenda Innovator Award: Xavier Prime
For further information, please contact: Adrian Motte Senior Communications Manager – Trade & Publishing amotte@nine.com.au
Nine Ad Manager, a groundbreaking tech platform utilising Artificial Intelligence that will give Australian small to medium size businesses the ability to buy postcode targeted video advertising on 9Now, is officially live, Nine today announces.
The product, allows Australia’s 2.5 million small to medium size businesses to build a targeted ad campaign with video creative generated by AI, is a game changer for businesses wanting to target a hyperlocal audience. It was first announced at Nine’s Upfront in September and has since created significant interest from SMBs.
It is the first time in Australia that SMBs can target audiences by postcode or interest using Nines 20 million signed in users in Australia’s most watched programming on 9Now including The Block, Married At First Sight, Lego Masters, 9News, 60 Minutes, the Australian Open and NRL.
Ben Campbell, Nine’s Director of Data and Digital Advertising Product, said: “The launch of Nine Ad Manager is a real milestone, opening up the possibility for Australian small and medium businesses to advertise on streaming TV for the very first time. Through the power of TV, SMBs can now turn their business into a household name within their local area.”
With the ability to precisely target audiences using age and sex demographics, household location down to individual postcodes,interests and behaviours or TV show and genre, SMBs can now reach their target audience with zero wastage. The barrier of small to medium businesses not having a TV commercial is also solved by Nine Ad Manager. Businesses can create an ad using AI simply by entering their website URL into a creative builder in the platform. The platform collates images, text, branding and colour palettes from the business’s website, creating a scripted video with AI-generated voice-over – all produced in a few minutes.
The platform has already proved transformational for one Sydney business, invited to trial Nine Ad Manager. Pacific Boating, based on Sydney’s northern beaches, have had a campaign appearing on 9Now for the last three weeks.
“We logged in, and selected a male skewed demographic, with our ads only appearing in ten postcodes – all north of the Spit Bridge (essentially the Northern Beaches region),” said Phillip Pitt, Managing Director of Pacific Boating. “We chose this area to increase awareness and membership sales for our fleet of Pittwater based vessels.
“Since going live, we’ve seen a 20% increase in the number of enquiries to our website, and a 10% increase in monthly sales, directly attributable to our $1000 investment. We will continue to use Nine Ad Manager throughout the year, and we will run different messaging for different geographic regions – something we have not been able to do in the past.”
Tim Rose, Director of Sales – Nine Plus said: “Most small businesses across Australia would love the opportunity to advertise on television, but until now, it has been cost prohibitive. SMBs want to see their brand appearing alongside Nine’s premium content, but often to a highly targeted, local audience – not an entire city. They have smaller budgets, and they need to be able to measure the effectiveness of every dollar spent. Nine Ad Manager was built to deliver against all of these objectives.”
For further information, please contact: Adrian Motte Senior Communications Manager – Trade & Publishing amotte@nine.com.au
Five charming 1950s homes that have undergone major renovations will be put to the ultimate test, The Block Grand Finale Auction, this Sunday, November 5, at 7 O’block on Channel 9 and 9Now.
But first, contestants will face the daunting task of impressing the public at the first “Domain Open For Inspections” in four years, tonight at 7.30pm on Channel 9 and 9Now.
The most controversial season of The Block ever has seen five Blockhead couples – Kyle and Leslie (WA), Leah and Ash (QLD), Kristy and Brett (SA), Steph and Gian (NSW), and Eliza and Liberty (VIC) – battling it out on and off-camera to take home the crown for their state.
After 12 gruelling weeks of blood, sweat and tears their houses are finished, and each one comes complete with a pool and secondary accommodation. Some boast hi-tech garage turning circles, while others have size on their side. Who will be victorious?
Ahead of the OFI’s tonight, host Scott Cam said: “I think it’s the only show in the world where fans can come and see a live TV set like at the Domain Open For Inspections, and we all loved seeing them in their thousands in Charming Street. I know it’s also great for our contestants as they get to see just how much their hard work is loved by the viewers.”
As for auction day, Scott says: “I get very nervous because as I have said since day one, I want every couple to have success after months of hard work building these homes.
“This year I think there are five beautiful and five very different homes which will appeal to unique buyers. I hope they do well at auction time as they all absolutely deserve it.”
Domain National Managing Editor, Alice Stolz, said after the inspections: “The Block yet again created five dream homes and there’s nothing better than seeing fans and potential buyers check them out for themselves. It really was the ultimate open for inspections time”.
As for the auctions, she says: “The property market has clawed its way back from last year’s downturn, with the national median just a whisker away from hitting a new price record.
“Hampton East is a sleepy suburb nestled into Melbourne’s beautiful bayside and is enjoying its moment in the sun. These Charming Street houses could not look sharper nor be more perfect for an idyllic family life.
“Whatever happens come auction day, I hope these renos have inspired many Aussies to take another look at those rather plain clinker-brick houses that they once might have thought were too dull. And also to think again about the simple life of suburbia. I’m telling you, it’s great out there.”
Executive Producer of The Block, Julian Cress, agreed. He said: “There was a great atmosphere at the Domain Open For Inspections this year. After four years of not being able to do them, it was terrific to have thousands of fans turn up to see these magnificent homes.
“Most importantly for me was seeing the joy it brought to the contestants to open their homes and get such positive feedback on all their hard work.”
Looking ahead to the nailbiting auction day, Julian said: “Hotly contested is an understatement. I can’t remember a series with such competitive contestants going into auction week. I have no doubt it will deliver a finale full of drama and an auction that will have everyone, including me, on the edge of our seats.
“It’s a volatile market right now and the only guarantee is that one team will win $100,000, but as usual, we will cross our fingers on auction day and hope for the best outcome for everyone.”
The highly anticipated auction order and reserve price reveals are set to be explosive, because the all-important order can make or break a team’s chance of taking home a $100,000 cash prize on top of their profits on auction day.
Since premiering on Channel 9 in 2003, Australia’s richest reality program has awarded a total of $32,592,807.65 in prizemoney.
The wealth of the richest self-made Australians aged 40 and under has surged 25 per cent, driven higher by alternative energy, retail and the property sector, reveals the Financial Review 2023 Young Rich List released in full tomorrow.
Canva co-founders Melanie Perkins and Cliff Obrecht are #1 and #2 on the Young Rich List worth $13 billion, down from $13.7 billion.
20th anniversary of the Young Rich List, the first issue of which was led by mobile phone retailer John Ilhan and was filled with sportspeople, actors and singers.
Alternative energy, retail and property take out 26 slots of this year’s top 100, with Adrian Portelli debuting on the List at #7 worth $1 billion. He made headlines last year after buying two houses on The Block and winching his McLaren sports car 57 storeys into his $39 million Melbourne penthouse.
Ben Simmons is Australia’s richest sports star under 40, worth $191 million, while Chris Hemsworth is the nation’s wealthiest young actor also worth $191 million.
Miranda Kerr remains the richest celebrity under 40, with a wealth pile of $256 million, up from $173 million.
Fortunes derived from technology slump from 41 to 31.
Australia’s richest young entrepreneurs who have invested in retail and hospitality take out 26 of the 100 slots on this year’s list. Green energy has created three new Rich Listers and property has produced five.
While these sectors are booming, the number of tech fortunes has fallen from 41 to 31. That said, wealth derived from tech still dominates the top 10 spots, with Canva co-founders Melanie Perkins, 36, and husband Cliff Obrecht, 37, continuing their run at the top of the Young Rich List with a combined wealth of $13 billion down from $13.7b last year.
The couple have a $10 billion lead on the next Young Rich Lister, Ed Craven, the co-founder of online cryptocurrency casino site stake.com who has a wealth of $3.1 billion.
This year marks the 20th anniversary of the Young Rich List. Its first edition inside BRW Magazine in 2003 was topped by John ‘Crazy John’ Ilhan, seller of discounted Nokia phones and featured Pat Rafter, Russell Crowe and Kylie Minogue. Sportspeople, actors and singers dominated the first Young Rich Lists.
The 2023 Financial Review Young Rich List reveals the more diverse ways the next generation of entrepreneurs are building their fortunes. Sam Prince, the 39-year old founder of Mexican restaurant chain Zambrero, lifted his wealth to $1.6 billion, up from $1.2 billion last year, putting him in the #4 spot on the Young Rich List. Jack Zhang and his fellow co-founders of Airwallex, a cross border payments system now worth $8.5 billion, have seen their wealth estimates rise 50 per cent or more. Zhang is #5 on the list with an estimated fortune of $1.4 billion.
With the Young Rich List featuring 16 debutants, none is more ostentatious than Melbourne’s Adrian Portelli, who comes in at #7 worth $1 billion. The founder of rewards club company LMCT+, Portelli stayed under the radar until he bought two houses on last year’s series of The Block. He then paid $39 million for a Melbourne penthouse and had a $3 million McLaren high performance car craned 57 floors up into his loungeroom.
“Despite the cost-of-living crisis, the Young Rich List shows it’s still possible to create new wealth,” said Rich List editor Michael Bailey.
“Higher interest rates have brought fast-growth software businesses back to earth, and the $37.7 billion total wealth on 2023’s Young Rich List is still below 2021’s record $41.3 billion. But there are still solid profits in glamorously-marketed yet affordable fashion, and renewable energy solutions to climate change.
“Meanwhile the five basketballers on the List – make that six next year once Sydney’s Josh Green starts fulfilling his new $64 million contract with the Dallas Mavericks – show that a good jump-shot is recession-proof too.”
Miranda Kerr remains the richest celebrity under 40, with a wealth pile of $256 million, up from $173 million to come in at #25. Australia’s wealthiest Young Rich sport star is Brooklyn Nets basketball star Ben Simmons, worth $191 million (#38) followed by F1 driver Daniel Ricciardo worth $167 million (#45).
Meanwhile, Hollywood star Chris Hemsworth increased his wealth by $57 million to $191 million, up from $162 million (#37) while a global obsession with Barbie has resulted in Margot Robbie having a wealth of $152 million up from $102 million and coming #47 on the List.
The Financial Review Young Rich List 2023 Highlights
TOP 10 (worth a collective $23.9 billion) 1&2 Melanie Perkins and Cliff Obrecht,36 & 37, $13 billion – Canva 3 Ed Craven, 28, $3.1 billion – stake.com online casino 4 Sam Prince, 39, $1.6 billion – Zambrero Mexican restaurant & healthcare 5 Jack Zhang, 38, $1.4 billion – Airwallex 6 Nicholas Molnar, 33, $1.2 billion – Afterpay 7 Adrian Portelli, 34, $1 billion – LMCT+ rewards 8 Jacob Dai, 39, $966 million – Airwallex 9 Robert Chamberlain, 39, $877 million – Huno Group travel 10 Max Li, 39, $771 million – Airwallex
ENTERTAINMENT/CELEBRITIES 1 Miranda Kerr, 40, $256 million – Manufacturing/Retail (#25 on the Young Rich List) 2 Chris Hemsworth, 39, $191 million – Arts (#37) 3 Margot Robbie, 33, $152 million – Arts (#47) 4 Jennifer Hawkins, 38, $107 million – Manufacturing/Retail (59)
SPORT 1 Ben Simmons, 27, $191 million (#38) – Basketballer 2 Daniel Ricciardo, 34, $167 million (#45) – F1 driver 3 Jason Day, 35, $141 million (#49) – Golfer 4 Andrew Bogut, 38, $116 million (#56) – Retired basketballer 5 Cameron Smith, 30, $106 million (#61) – Golfer
TOP 5 WOMEN 1 Melanie Perkins (#1) – $13 billion (combined wealth) 2 Jessica Sepel (#15) – $454 million (combined wealth) 3 Tah-nee Beard (#20) – $359 million (combined wealth) 4 Miranda Kerr (#25) – $256 million 5 Kayla Itsines (#42) – $171 million
The Financial Review Young Rich List is available onwww.afr.com from Friday, October 27. The Young Rich List also appears in a special edition of AFR Magazine, featuring profiles and analysis of the trends that are making the Young Rich even richer, which is inside this Friday’s Financial Review newspaper.
Image of cover of AFR Magazine Young Rich List HERE
For further information, please contact: Adrian Motte Senior Communications Manager – Trade & Publishing amotte@nine.com.au
Pedestrian Group has launched PEDESTRIAN TELEVISION, Australia’s only youth-focused TV channel and video on demand (VOD) destination, streaming chaos 24/7 on 9Now.
The first of its kind in the Australian VOD market, PEDESTRIAN TELEVISIONis a mix of content, both created or curated, by Pedestrian Group. Licensing deals with Sony Pictures, Australian Independent Record labels (AIR), OUTtv, Eternal Family, Robot Army and others has carefully selected an eclectic mix of comedy, reality, music, movies and weird web stuff that unearths both new and neo-nostalgic hits.
PEDESTRIAN TELEVISION’s unique programming base will be layered original news and culture content from Pedestrian Group’s brands, particularlyPEDESTRIAN.TV, VICE, Refinery29 and The Chainsaw, as well as a collaboration with The Betoota Advocate.
CEO of Pedestrian Group, Matt Rowley said: “The obvious opportunity is that there’s no TV or streaming service out there dedicated solely to 18-35 year old Australians. What’s even more exciting is the way PEDESTRIAN TELEVISION will be rewriting the rule book to create chaotic good TV. Our unique programming will combine the pace and energy of social media, with the curated voice of a TV channel to end streaming decision paralysis for young Aussies.”
James McManus, Executive Creative Director at Pedestrian Group said: “This channel will plug young Aussies into what’s going on like no other. We’ll be converging our trusted brand voices in one place to tell the news, give gig guides and hit the streets for opinion in untraditional, lo-fi, fast formats – meaning any viewer can keep up to speed by tuning in for just a few hours a week. Importantly we’ll also lean heavily into supporting fresh Aussie music, showcasing the diverse talent our country has to offer.”
Streamed via 9Now on connected TV, app and web,PEDESTRIAN TELEVISION is free and ad supported. The ad load is dramatically lighter to give curated brand partners the ultimate cut through with the channel’s sought after audience.
Pedestrian Group’s Chief Commercial Officer, Rachel Tikey said: “PEDESTRIAN TELEVISION is a game changer in the art of connecting brands with young Aussies, enabling our clients to harness Pedestrian Group’s renowned native content expertise, now in television format.”
“Married with further integrations across our famous websites, events and engaged social presences, we have a truly unique offering in market and one sold only by the Pedestrian Group partnerships team. We’re already having the time of our life creating killer market firsts with our clients including our launch partner BWS.”
Preview the chaos below and click here for hi-res images
About Pedestrian Group Pedestrian Group is Australia’s leading youth-centered publisher and creator of TV Channel PEDESTRIAN TELEVISION, streaming chaos 24/7 on 9Now. It is home to PEDESTRIAN.TV, The Chainsaw, VICE Australia, Refinery29 Australia, Lifehacker Australia, Gizmodo Australia, and Kotaku Australia, as well as the Open Air Cinemas. It is wholly owned by Nine, Australia’s largest locally-owned media company.
For further information, please contact: Caitlin Lynch Senior Communications Manager, Nine clynch@nine.com.au
Thursday, October 26, 2023
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