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Bauer Media has confirmed it will be closing magazine Cosmopolitan Australia
The iconic women's magazine will shut after 45 years of publication
Bauer Media CEO Paul Dykzeul confirmed the December issue will be the last

Published: 20:32 EDT, 15 October 2018 | Updated: 22:10 EDT, 15 October 2018

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Australian women's magazine Cosmopolitan will close its doors after 45 years of publication.

On Tuesday, Bauer Media confirmed the closure of the iconic magazine, with the December issue being the last to hit the shelves.

'Today, Bauer Media announced the closure of the Cosmopolitan brand in Australia, with the December issue being the last,' Bauer Media ANZ CEO Paul Dykzeul said in a statement.

'It has not been an easy decision to make, however, the commercial viability of the magazine in Australia is no longer sustainable.

Bauer Media confirmed the closure of Cosmopolitan Australia, with the December issue (pictured) being the last

Women's magazine Cosmopolitan Australia will close its doors after 45 years of publication

'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.