Domain engulfs Fairfax earnings

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Domainfax has released its half year results today and its disappearance up the Domain cloaca continues apace:

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Chief Executive and Managing Director Greg Hywood said: “Today’s solid results are a testament to the unrelenting efforts by everyone in the company to drive the performance of the business.

“Our strategy of confronting the change occurring in the media industry head on underpins this result.

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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.