Who's afraid of Rupert Murdoch? The end of an era.

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Hopefully it is an end of an era not only with Murdoch but his team of journalists (apologies to the decent ones).

Today's headline in The Sun - Andrews $180 m Cost blowout (or similar)

http://www.heraldsun.com.au/news/vi...blowout-revealed/story-fni0fit3-1227200157346

Then you read the story:
"Premier Daniel Andrews went to the state election saying it would cost between $400 million and $500 million to divert trucks out of the western suburbs into the Port of Melbourne via an elevated road.
But in a paper to the Federal Government in December, the State Government listed the project as costing $680 million".

“In the costings we did (the lanes) weren’t, so I think there was an aspirational hope that there would be extra lanes on the Westgate and that was put in the document,” Mr Donellan said.
“But the actual costings for the Westgate Distributor were between $400 million and 500 million and the extra lanes on the Westgate are about $180 million.”

What is wrong if you are looking to ask the Federal Government asking for a bit more? Where is the blowout? If they don't get the extra money, the extra lane may not be built.
 
The Queensland election has shown that the era of Murdoch influencing election outcomes in Australia is over. The Courier Mail and The Australian ran strong pro LNP articles daily and in the case of the LNP happy to run false articles about the ALP and links to bikie gangs. Despite all of this the LNP have lost power and the Courier Mail is stuck with egg on its face for backing the loser.
 
Reports that the Saudi backer of Rupert sold down his News Corp shares, which is why the vote on removing the two-value voting structure (that gives Murdoch and his backers more votes per share than other shareholders) was close enough to almost succeed.
 
RightorKhan said:
Oh look! He's just a filthy tax cheat like everyone else who shares this biased feral tea party mentality > http://www.smh.com.au/business/medi...ans-to-foxtel-questioned-20150215-13f3nb.html
Click to expand...
Unbelievable. This is the sort of simplistic rubbish we all think happens, which ATO regulations ban (loans have to have commercial purpose) while finance people assure us it's all a bit 'complicated' so we should leave it in their hands. That last bit of behaviour is far more worthy of the 'elite' tag than people who like lattes.

Some choice quotes for people who don't want to click the link:
Rupert Murdoch's News Corporation and Telstra Corporation are lending money to their cashed-up pay TV business Foxtel at 12 per cent, claiming tax deductions on the loan and lending the money back to themselves at an interest rate of zero....The $902 million loan appears even more peculiar in light of its high fixed rate and duration, 15 years, and the fact that Foxtel is highly profitable and does not need to borrow that sort of money. Further, Foxtel has refinanced other loans since the Foxtel Partner's arrangement was struck in 2012 but not this loan.
Click to expand...
News Corp is no stranger to controversy on the tax front. It was awarded a tax rebate of $880 million in 2013 after winning a case against the Australian Tax Office (ATO) in the Federal Court. The large rebate sparked controversy as the Tax Office elected not to appeal the case at a time when the federal election campaign was in full swing, Murdoch's newspapers were backing Tony Abbott for prime minister and Mr Abbott was ahead in the polls. Former tax officials have told Fairfax there was angst within the Tax Office following the decision not to appeal the case.
Click to expand...
 
I'm interested to find out what will happen to the Australian papers either when Murdoch dies or when he's forced by News shareholders to get rid of them as they are bleeding money.

I could see Gina buying them up, but not really anyone else. You need deep ideological pockets to run News Corporation in Australia, because it's really just an expensive, loss making megaphone.
 

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swingdog said:
I'm interested to find out what will happen to the Australian papers either when Murdoch dies or when he's forced by News shareholders to get rid of them as they are bleeding money.

I could see Gina buying them up, but not really anyone else. You need deep ideological pockets to run News Corporation in Australia, because it's really just an expensive, loss making megaphone.
Click to expand...

HWT will probably go it alone as would the Adelaide Advertiser.
 
Maggie5 said:
Hopefully it is an end of an era not only with Murdoch but his team of journalists (apologies to the decent ones).

Today's headline in The Sun - Andrews $180 m Cost blowout (or similar)

http://www.heraldsun.com.au/news/vi...blowout-revealed/story-fni0fit3-1227200157346

Then you read the story:
"Premier Daniel Andrews went to the state election saying it would cost between $400 million and $500 million to divert trucks out of the western suburbs into the Port of Melbourne via an elevated road.
But in a paper to the Federal Government in December, the State Government listed the project as costing $680 million".

“In the costings we did (the lanes) weren’t, so I think there was an aspirational hope that there would be extra lanes on the Westgate and that was put in the document,” Mr Donellan said.
“But the actual costings for the Westgate Distributor were between $400 million and 500 million and the extra lanes on the Westgate are about $180 million.”

What is wrong if you are looking to ask the Federal Government asking for a bit more? Where is the blowout? If they don't get the extra money, the extra lane may not be built.
Click to expand...
Yep I read a couple of their articles(especially in Gillard days) with slanted/ inflammatory headlines on front page-then you go to the article continued inside and there is not even any mention of the venomous headline issue. I remember reading, and re-reading thinking how can I have missed it. I didn't -it wasn't there. Amazing they are allowed to do stuff like that. Good riddance.
 
I rarely read Murdoch papers, but when they were in the work kitchen during Gillard's PMship I noticed how often an anti-Gillard headline wouldn't be justified by the content of the article. That's why you have to look at subbies and editors as the main culprits, rather than journos just looking for stories.

But don't get me started on their commentariat. And to think it is these people you have to provide 'balance' for, rather than people who actually have contrary opinions based on good theory (or - gasp! - even based on decent evidence).
 
AM said:
Dammit! Every time this thread is bumped I think (read hope) the Dirty Digger has carked it.
Click to expand...
Mentally he has. The implication of his tweet is that the employer were foolish for not keeping an employee for assault against another employee because The employee who was voilent was a "funny man with great expertise and a huge following" Thia is the thinking of the deranged.
 
John said:
Mentally he has. The implication of his tweet is that the employer were foolish for not keeping an employee for assault against another employee because The employee who was voilent was a "funny man with great expertise and a huge following" Thia is the thinking of the deranged.
Click to expand...

Well the BBC gladly kept on someone who molested hundreds of children.
 
medusala said:
Well the BBC gladly kept on someone who molested hundreds of children.
Click to expand...
While the Dirty Digger hacked the phones of a couple who were desolate due to the loss of their daughter.

He's the lowest of low. Hope they bring his corpse back to Australia so I can piss on his grave.
 

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Who's afraid of Rupert Murdoch? The end of an era.

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