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REA Group (ASX:REA) Policy Acquisition Expense


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What is REA Group Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


REA Group (ASX:REA) Business Description

Traded in Other Exchanges
Address
511 Church Street, Richmond, Melbourne, VIC, AUS, 3121
REA Group is a technology company operating in the real estate sector. REA Group's primary business is a online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around three times the size of number two, www.domain.com.au, owned by Domain Group. REA Group is majority-owned by News Corp (ASX:NWS), while Domain is majority-owned by rival media company Nine Entertainment (ASX:NEC). REA Group's other businesses include adjacent markets and services, and investments in online listings platforms in Asia.