Why was the report on government spending from ANZ Chief Economist Cameron Bagrie blindly accepted by the media at first, when anyone with a basic understanding of how government works (or accounting or statistics or economics) could see it was fundamentally flawed?
Why did it take press releases from unions and blog posts and interviews with a minister to discredit something that was not deserving of any credit in the first place?
Could these be answers: ‘Foreign media owners slash journo numbers, again’ and ‘Fairfax milks the cash cow’?
Make no mistake, our media is being asset-stripped by foreign owners who care only about profit. The remaining journos are over-worked and under-resourced. The quality of our news and, thereby, our democracy suffers for it.
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