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    Brian Han

    Director of Equity Research at Morningstar

    Brian Han is a Director of Equity Research at Morningstar Australia, specializing in the coverage of the telecommunications, media, and leisure sectors across Australia and New Zealand. He is responsible for tracking major companies such as Telstra, TPG Telecom, News Corporation, Nine Entertainment, Flight Centre, and Webjet, and is known for delivering high-quality research and widely followed investment calls, including regular commentary through his 'Brianstorm' reports. Han has been part of Morningstar’s Sydney-based analyst team since at least 2022, with prior experience details not disclosed publicly. While specific investment performance metrics and professional credentials such as licensing are not available, Han is recognized for his influential market insights and popular analysis within the investment community.

    Brian Han's questions to NEWS (NWSA) leadership

    Brian Han's questions to NEWS (NWSA) leadership • Q2 2025

    Question

    Brian Han sought clarification on whether the expected second-half growth acceleration at Dow Jones referred to revenue or earnings, and asked about any plans for increased investment in the segment.

    Answer

    CEO Robert Thomson indicated that the company is always looking for 'sage investments' and that improvement would come from two main areas: a seasonally stronger period for sales and the positive impact of the dynamic pricing system. This suggests an expectation of improvement in both revenue and profitability.

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    Brian Han's questions to NEWS (NWSA) leadership • Q4 2024

    Question

    Brian Han pointed to stagnant traffic numbers at realtor.com despite ongoing investment and asked if there would be any changes to the investment strategy for the Move segment.

    Answer

    Robert Thomson, Chief Executive, highlighted a 3% sequential increase in unique users and noted the team is improving technology to be 'poised' for a market revival, citing growth in newer seller-side product lines. Susan Panuccio, CFO, confirmed investment will continue but the dollar value of incremental spending will be less than in recent quarters.

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