REA Group is a leading digital property-centric business. Data and technology are at the company's core, and power the delivery of the best products and services to our customers and consumers.
Our people are at the heart of REA and they are the key to our success. Our team of more than 3,100 people come to work every day embracing our values and driving our unique culture.
Annual Report 2022 | REA Group Ltd
Changing the way the world experiences property
most engaged consumers
data & insights
The 2022 financial year (FY22) was an outstanding period for REA Group Ltd and its subsidiaries (the 'Group' or 'REA') with the delivery of exceptional financial results. The Group continued to invest heavily in the development of the core business while growing meaningful adjacent businesses and progressing the integration of key strategic investments. Globally, we continued to consolidate significant footprints in some of the world's most exciting property markets. Our focus on the delivery of superior customer value and unique consumer experiences continued in FY22, while we also focused on supporting our people and the communities in which we operate.
Clear strategy driving significant growth
REA's growth is underpinned by our clear strategy, which is centred around four core objectives: Australia's largest, most engaged consumer audience driving the most leads and the best leads to our customers; providing
our customers with superior value across property advertising, our agent marketplace and agency services; and becoming Australia's leading property data, valuations and insights provider. We focus on fulfilling these objectives while also building the next generation of property-related marketplaces.
People at the heart of REA's success
Our team of more than 3,100 talented people are at the heart of REA and they make our organisation truly great, with strategy and culture contributing equally to the growth and momentum of the business. Our strategy and purpose guide us, while our culture drives us to deliver strong results.
We have a common language about who we are, which is very important to us, and a unique workplace culture. Together, these attributes make REA one of Australia's Best WorkplacesTM. We have a strong focus on nurturing and evolving our culture to ensure we optimise the employee experience and therefore the contributions of our team.
Our people are connected by our purpose as we are changing the way the world experiences property. They aspire to deliver the most value for our customers and the best experiences for our consumers, while looking after each other and keeping community top of mind.
REA Group Ltd | Annual Report 2022
Everything we achieve, we achieve as one team.
It's our collective genius that gives us our edge
and a willingness to stand by any decision that's
made for the greater good of REA.
People are at the heart of REA. Every
connection with each other, with our customers,
with consumers and with our community
matters. We care and we're not afraid to show it.
We don't expect anyone to fit a certain mould
- we accept everyone for who they are, quirks
and all. We're not afraid to have a laugh. We
take our work seriously, but never ourselves.
We're thirsty for knowledge - and generous
with it too. Our curiosity is endless, and
every day we seek out opportunities to grow
ourselves and others. We don't do comfort
We always seek to do the right thing, and if
things don't quite go to plan, we own it. We
review what happened, learn from it and move
on, smarter and better than before.
We're not afraid to try new things or fail fast.
We're all about challenging the status quo
and taking risks. And at times, while it may
feel uncomfortable, we know this is where
the magic happens.
Our global network
Social Environmental, Governance and
Annual Report 2022 | REA Group Ltd
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REA Group Limited published this content on 16 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2022 23:29:01 UTC.