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$250b cost of Kevin Rudd

You don’t have to pay newspapers to have the views of your political opponents demolished.  You do however need the support of the newspaper proprietor. Paul Sheenan provides some specific motivations for Rupert Murdoch’s recent stance.

Kevin Rudd has cost Australia $250b according to Henry Ergas and Judith Sloan.

An amazing rant that takes the form “Any fool can see….”.    Pure politics – a series of unsubstantiated claims.

I wonder how this improves the standard of political discussion in Australia.

Update: Today’s Daily Telegraph takes the propagandist mission of the Murdoch media to extremes.  The front page of the current issue shows the blatant partisanship that has replaced serious journalism in the Murdoch empire.  In that sense it is a positive.  I think too the open partisanship of certain Australian economists leaves them revealing too much.  In that sense too their writings too are a positive.   The game is up.



1 comment to $250b cost of Kevin Rudd

  • Jim Rose

    HC, Leigh and Gans in How Partisan is the Press? Multiple Measures of Media Slant, ECONOMIC RECORD, MARCH, 2012, 127–147 employed several different approaches to find that the Australian media are quite centrist.

    Very few outlets being statistically distinguishable from the middle of Australian politics. The minor exceptions were the ABC channel 2 and perhaps the Melbourne Age in its news slant in the 2004 election.

    Australian newspapers tended to endorse the coalition in the federal elections from 1996 to 2007 although The Australian, right-wing rag that it is backed the ALP in 2007! I agree that this was a serious lapse of judgement.

    Murdoch has unashamedly backed political winners, only to dump them when he was convinced that they were washed up or that his newspapers might be left stranded on the losing side of politics.

    In Britain in 1994 there was a tired, ailing administration and a revamped Labor opposition with a personable, intelligent leader offering new ideas.

    the media barons Murdoch (and Kerry Packer) were embraced as business ‘mates’ of the Labor government in the 1980s.

    Murdoch’s political stances are entirely pragmatic. He has always been prepared to back winners just before they win, and shift allegiances on non-ideological grounds.


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