The company’s CEO for ANZ Paul Dykzeul said: “It has not been an easy decision to make. However, the commercial viability of the magazine in Australia is no longer sustainable.
“Magazine closures are never easy, desirable or done without careful consideration for all of those involved. We have to ensure that we are continually reshaping and defining the business so that our readers of today, and those of tomorrow, remain engaged with the content we publish and the platforms upon which we deliver.
“We are incredibly proud of the brand and the people who have been involved and represented over the last 45 years. It has helped to launch the careers of media personalities, supported great brands and causes, and inspired millions of young women across the country.
“We would like to thank everyone who has contributed to the brand and its legacy over the years.”
The title was known for its Bachelor of the Year and Cosmopolitan Women of the Year events.