The media duopoly will now be able to distort every single story towards happy clappy real estate:
The Australian Associated Press will shut down its news wire service on June 26 in an historic development for Australia’s media landscape after its two biggest clients and shareholders decided to pull out.
Major shareholders Nine Entertainment Co and Rupert Murdoch’s News Corp will sever longstanding partnerships with AAP in an effort to cut costs amid a challenging media advertising landscape. Nine is the owner of this masthead. It is believed at least 180 jobs will be lost in the closure.
…AAP chairman Campbell Reid said to staff: “The loss of AAP’s voice in the Australian conversation bothers me deeply. The fact that too many companies have chosen not to pay to publish that voice is the root of the problem.”
Carn mate, we can’t have you blokes writing real stories to upset the property market.
Coronavirus to lift Australian property prices by 147% in 2020: source.