Australian business media is the world’s dumbest and one of the most corrupt. It exists in a frozen duopolostic structure between Fairfax Media and News Corporation. These two focus one another rather than innovation or service delivery, poaching each other’s staff, copying businesses and generally overpaying for any assets that pop up to threaten the cosy relationship.
Business coverage in Australia is much more akin to a “boys club” of back-slapping private school alumni than it is any investigative or analytical force. It pretends to endorse private markets as a philosophy but in actuality largely exists to defend vested interests. Both halves of the duopoly are addicted to bank and real estate advertising, with Fairfax especially prepared to sell out its editorial in pursuit of higher house prices (and more ads). It’s real estate classifieds business, Domain, has slowly but surely turned its business news coverage from reporting and investigation to press-release recycling and property price cheer-leading.
MacroBusiness covers these foibles daily.
I know that the AFR runs toxic “business” cheerleading identity politics but sometimes you have to take marvel at the scope and idiocy of it. The top column in Australian business today writes this: Almost halfway through the profit reporting season, it is clear the three big corporations that prop up the performance of the
This is from Peta Incredlin though I could have picked any number of Murdoch dills: Do you ever wonder, as I do, how on earth we have come to this: with free speech under constant attack; mums being denied their biological breastfeeding reality; the American Medical Association recommending the removal of the sex designation from
Friendlyjordies is back in the news in its fight against the fascistic Berejiklian government. The magnificent satirical site has launched a “truth defence” against the Berejkilian’s government’s fascistictic defamation suit and appalling misuse of NSW secret police. Friendlyjordies files truth defence in defamation case against John Barilaro https://t.co/erGusUk24H — Guardian Australia (@GuardianAus) July 8, 2021
This week, Friendlyjordies legend, Kristo Langker, appeared in court to plead not guilty to fascistic Berejiklian Government charges that have muzzled criticism of Deputy Premier John Barilaro. Every red-blooded journalist in the country should be outraged and alarmed at this overreach by the thin-skinned Nats, trailed, as usual, by corruption allegations that accompany this bush
The fascistic Berejilklian Government is sinking into deeper hot water over its ridiculous arrest of a FriendlyJordies employee: Nicholas Cowdery, the former NSW DPP, said the “fixated persons” legislation was not designed for arresting comedians but for lone-wolf terrorists that pose a “risk of serious violence”. “On its face this does not seem to be
The last time I wrote on FriendlyJordies was to give him a whipping for getting into bed with Labor and Kevin Rudd. This serves only to dim his political flame-thrower. But the recent material produced on NSW political corruption has been superb. There are three points to make on this. First, watch it and see
I loath Q&A. It is little more than a bourgeois echo chamber of self-congratulation. What a relief it was to see economist Cameron Murray get on there and stick it to them with elegance, reason and demands for evidence. I don’t always agree with Cam but his arguments are well-reasoned, he demands evidence and he
I know that I have given our Stan a fearful pounding in the recent past. And I pretty much disagree with every notion he has about Australia’s relationships with the US and China. But today it’s time to sing Stan’s praises for having the cojonies to launch the ABC’s News new program China Tonight. This
Sir Fomo McSpruikerson is an expatriate billionaire and proud proprietor of The Strayan, a vanity media project designed to boost his assets. Exclusive: Morrison Government to rebadge Asprin as COVID vaccine Australia’s flagging COVID vaccination plan received a welcome boost today when Health Minister Greg Hunt announced that the Department of Health would immediately move
Nobody is going to accuse MB of failing to fight the good fight for better democracy, less unequal capitalism, and a purer version of liberalism. These are our touchstones. We mercilessly unearth the hypocrisies of the elite in pursuit of these goals. But, if you are serious about such reforms as opposed to just holding
Sir Fomo McSpruikerson is an expatriate billionaire and proud proprietor of The Strayan, a vanity media project designed to boost his assets. WA to vote on secession after BHP announces world’s first edible iron ore WA Premier Mark McGowan has announced that a vote to secede from the rest of Australia will be on the
There is a country without official recognition to whom it is time we gave diplomatic credentials. Antiameristan has a small population in Ultimo, Sydney. But its views and identity are strongly formed enough to merit full sovereignty. The nation of Antiameristan takes its name from its lifetime dictator, Stan Grant, who appeared at the ABC
It’s responsible for much that is bad in the contemporary political economy. Its algos feed biases. Its lack of editorial standards feeds conspiracy theorists. It divides more than it brings together. And today it has taken on the mantle of a coercive foreign power. Witness the marvel that is Facebook: Social media giant Facebook will
Let’s shift Australia Day. It was only ever a marketing exercise and the symbolism of the date is all wrong in a modern multicultural nation. Margaret Court should not be given honours after she endorsed bigotry publicly. She has the right to speak out but must take responsibility for her views in terms of accepted
More from the ABC’s chief propagandist on the weekend, Stan Grant: I have missed America. I have missed that surge of anticipation and excitement getting off a long plane ride and walking through the terminal of LAX or JFK airport. I have missed waiting in the immigration queue and hearing foreign languages all around me,
Today I posted an article which suggested that former Prime Minister Kevin Rudd has been traveling the world acting on behalf of the Chinese Communist Party ‘day in, day out’. It also imputed that Mr Rudd is seeking to influence governments both here in Australia and elsewhere as an agent of the Chinese Communist Party.
Sir Fomo McSpruikerson is an expatriate billionaire and proud proprietor of The Strayan, a vanity media project designed to boost his assets. NSW Police file missing person report for ABC journalist Ian Verrender ABC journalist Ian Verrender has been reported missing by NSW Police, exactly one week after penning an article critical of Australia’s relationship
Sir Fomo McSpruikerson is an expatriate billionaire and proud proprietor of The Strayan, a vanity media project designed to boost his assets. Stan Grant awarded Order of the Heroic Exemplar (Chinese: 英雄模范勋章) Veteran Australian journalist Stan Grant has been awarded The Order of the Heroic Exemplar (Chinese: 英雄模范勋章), China’s second-highest medal for services to the
Via Domain: The prudential regulator is investigating online publication The New Daily‘s commercial relationships with superannuation funds as part of a review of how members’ money is being spent by the industry. Liberal Senator Andrew Bragg has been a vocal critic of industry super and last week passed a Senate motion to demand the ABC provide more
Sir Fomo McSpruikerson is an expatriate billionaire and proud proprietor of The Strayan, a vanity media project designed to boost his assets. ABC announces switch to Mandarin as part of 2021 programming overhaul The ABC has announced that all of its content will be broadcast in Mandarin as part of a shake up of programming
The ABC has made an extraordinary editorial decision to support the CCP in its attack on Australia. I cannot emphasise enough how outrageous this is. Taxpayer dollars are now being recycled as a propaganda campaign to end freedom for taxpayers. Needless to say, this is an unprecedented collapse of journalistic ethics at Australia’s national broadcaster.
If you feel like getting angry, pop over to the ABC’s live blog on the China trade war starring journalists Stan Grant, Stephen Dziedzic and Bang Xiao as they answer questions from punters. It is abundantly clear that all three have little China expertise, are brainwashed about “China’s inevitable rise” and spreading the CCP gospel
More treasonous coverage of the Chinese attack on Australia today at the ABC. First up, we get the whinging beef lobby: China’s ban on beef imports from several Australian abattoirs has cost the industry hundreds of millions of dollars while eight meatworks wait to resume trade. Last year, exports of red meat to China were
Take this with a bit of a grain of salt. It is the accumulated impression I get from the articles I scan all day on ABC News, not any forensic assessment. As far as I can see, since taking over the ABC, Ita Buttose has overseen a shift in editorial point-of-view from: post-structuralist victim hugging;
Sir Fomo McSpruikerson is an expatriate billionaire and proud proprietor of The Strayan, a vanity media project designed to boost his assets. APRA, RBA approve plan to allow organ sales for first home buyer deposits APRA and the RBA have given their seal of approval to a plan, which would allow Australian First Home Buyers
The Australian media is directly under attack. Its right to publish and be damned is under attack. Its right to expose the truth wherever it may lurk is under attack. Its right to hold to account governments, oppositions and politicians is under attack. Its right to unearth corruption is under attack. In short, its entire
Kelly’s cowards lose their leader. From Paul Kelly today: For Australia, there will be no return to the China relationship of the Howard era. China has become more successful, assertive and paranoid. Anyone who thought a few years ago that Australia might distance itself from the US alliance to better manage China was profoundly mistaken.