Seven shares jumped as much as 10.6% to their highest level since May 31, 2019 in early trade, while the broader market (.AXJO) was up 0.9%. A News Corp spokesman was not immediately available for comment on Wednesday. A Nine spokeswoman declined comment, while a News Corp representative in Australia was not immediately available for comment. Parliament is scheduled to consider the bill on Tuesday and the conservative government hopes it will be approved during the next two-week sitting. Seven separately reported a 26.5% jump in underlying profit for the six months to end-December, helped by strong performance in its advertising market.
The $100 million in Nine's advertising industry is for everyone.
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The $ 100 million in Nine 's advertising industry is for everyone .
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