Flake News

Posted 4 CommentsPosted in Craft Standards, News Corp, Political News

Now Murdoch’s media has abandoned claims of a connection to actual journalism and shark-vaulted into the Trumpian post-truth void, we can set aside conventional media criticism and marvel at the death-throes desperation of its ‘yarn’-spinning.  No longer content to merely feed today’s news through the standard News Corp grinder and pack it together with the usual ideological offal, the Daily Telegraph’s fact butchers are now manufacturing the meat altogether. […]

God is Dead

Posted 6 CommentsPosted in Craft Standards, Opinion, Political News, Public Interest, Social Media, Staffing and Resources

“Did the media get the election wrong?” asks Fairfax journalist Matthew Knott in an attempt to turn the spotlight fleetingly on he and his colleagues in the press gallery. “The consensus, speaking to colleagues in the Canberra press gallery, is a reluctant yes. Some insist they got it spot on. But many admit they expected a more decisive Coalition victory than occurred. And they concede this influenced the way the media […]

The Certainty Myth

Posted 5 CommentsPosted in Financial journalism, Financial News, Government Policy and Regulation, Political News

  “The uncertain election result is the worst possible outcome and the major parties and crossbenchers must act quickly to form a government, business leaders say.” – AAP, July 3, 2016 Since when did the primary role of government become providing “certainty” to the business community? In fact, it’s hard to read a newspaper or turn on the TV these days without some rent-seeking plutocrat whining about the democratic […]

Talking to Themselves

Posted 5 CommentsPosted in Broadcasting, Government Policy and Regulation, Opinion, Political News, Public Interest, Social Media, Staffing and Resources

One of the tropes of media election coverage is when ‘jaded’ seen-it-all ‘insiders’ proclaim to the wet-behind-the-ears public that it’s all over. The ‘people’ have already decided. Call off the election. The conservatives have it in the bag. These stories are invariably based on opinion polls and written by telephone journalists, who having forsaken the campaign bus, spend their lives talking to other insiders who are reading the same […]

Do Keep Up

Posted 2 CommentsPosted in Editorial Judgement, Financial News, Political News, Public Interest

For millions of Australians forced to save for their own retirement, ‘finance’ is Alan Kohler on the news every night telling them what happened to the Baltic Dry index that day or explaining why Stock A’s share price went up when their earnings went down. The truth is that what happened in the global and domestic financial markets on any one day is hardly relevant to the vast majority […]

Last Ones Standing

Posted 1 CommentPosted in Advertising, Business Models, Fairfax, Media Business, Profession, Staffing and Resources, Technology

The slow-motion death of newspapers as a vehicle for quality journalism rolls on, with periodic announcements of new waves of redundancies prompting anger, soul-searching and recrimination. For those of us who escaped the industry years ago, there are feelings of both relief that we got out when we did and sympathy for journalists laid off by companies who still appear clueless about how to make the business work in […]

The Other Side of the Rope

Posted 18 CommentsPosted in Craft Standards, New Media, Profession

Journalists traditionally pride themselves on being outsiders. They’re not corporate types, they’re not joiners, they’re square pegs. So why are they suddenly dictating the terms in which everyone else can express their displeasure with the government? The most divisive, contentious federal budget in decades – one that even former Liberal Party leader John Hewson says “screams inequity” – has drawn students into the streets in numbers not seen since […]

Media House of Cards

Posted 4 CommentsPosted in Broadcasting, Digital Media, Government Policy and Regulation, Media Business, Pay Television, Political News, Television

Proponents for the dismantling of media ownership laws rightly make the point that in age where everyone can publish across multiple platforms it is anachronistic to maintain regulations designed for a different age. But if we are going to deregulate, why not go the whole hog? Discussion about Communications Minister Malcolm Turnbull’s proposals to dismantle specific laws for specific media platforms overlook another consequence of new technology: While consumers […]

Duty to Whom?

Posted 8 CommentsPosted in Ethical Standards, Media Business, New Media, Newspapers, Public Interest, Sales and Circulation

The debate about rolling back reforms aimed at ensuring financial advisers put clients first raises questions of how the notion of fiduciary responsibility applies to other professionals, like journalists for instance. Do journalists have a duty of care to their readers and viewers? Or is their first responsibility to their employers? Of course, these responsibilities are not mutually exclusive. But anyone who pays attention to some of the more […]

Storm Damage

Posted 8 CommentsPosted in Ethical Standards, Financial journalism, Financial News, Government Policy and Regulation, Newspapers, Public Interest

Who does the financial media represent? You, the investing public. Right? Wrong. The financial media tends to serve the interests of the banks, brokers and intermediaries whose job it is to stick you into investments where neither the risks nor extortionate fees are ever explained in plain language.