It’s official, the AFR has lost its compass

Advertisement
BrokenCompass-200x200

Crikey has followed up its Paddy Manning story today with more damning quotes from Fairfax journalists:

Several Fairfax staffers told Crikey management should have disciplined Manning — with, say, a first and final warning — but that firing him was a step too far. “Fairfax has made a f-cking mess of the whole thing and made the guy a martyr,” an AFR journalist said this morning.

“The sad thing is he’s right and instead of self-reflection they just sack him,” said one SMH scribe. And anotherHerald reporter: “It was a total over-reaction. They could easily have taken the higher path and just ignored it, or written a reply or any number of thick-skinned, mature options.”

…A reporter at The Fin told Crikey many at the paper, including in the Canberra bureau, were “really pissed” when they read Manning’s article because it “sledges everyone in the paper”. But the source added: “All the things he said about the business stories were right.

“Business journalists should be pro-market. Now we’re a paper that’s in bed with business; what we should be is pro-market. That’s what Brett [Clegg, AFR Group CEO] doesn’t get.”

QED.

Advertisement
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.