1. Donations for gongs – here's a pearler
By Stephen Mayne
One name that seemed a little out of place in the Howard Government's first division gong recipients – these 135 people who've received the Companion or the Order of Australia since March 1996 – was a certain Nick Paspaley.
BRW values the Paspaley family at about $400 million and Big Nick scored his AC on Australia Day 1999 "for service to business development and trade, to the Australian pearling industry and to the community".
A quick search of the AEC donation returns for Paspaley Pearls produced the following:
1998-99: $50,000 to the Liberals and nothing to Labor
1999-00: $10,000 to Liberals and nothing for Labor
2000-01: $85,000 to the Coalition and $15,000 for Labor
2001-02: $40,000 to the Coalition and $5,000 for Labor
2002-03: nothing for anyone
2003-04: $50,000 to the Liberals and nothing for Labor
2004-05: $30,000 to the Coalition and $40,000 to Labor
Hmmm, that's $265,000 to the Coalition and only $60,000 to Labor since 1998 – one of the most biased donation records of any Rich Lister.
A cheque for $50,000 was sent to the Liberals on September 23, 1998, which would have given reference writers enough time to start campaigning for Nick to be given the highest honour, ranking alongside the likes of Nelson Mandela, George Pell and Frank Lowy.
Having received the AC, Nick suddenly became less generous in 1999-00 when only $10,000 was handed over but then he was very supportive around the time of the Tampa election in 2001, giving $125,000 over the following two years.
Meanwhile, another subscriber has alerted us to the fine work of Voi Williams who joined the second division with an AO last week "for service to the arts through the support of cultural activities, particularly the 'Organs of the Ballarat Goldfields' festival, and to the community of Ballarat." Could this be the same Voi Williams who is the long-time Treasurer of the Liberal Party in Ballarat?
Keep all these tips coming to smayne@crikey.com.au because surely this is just the tip of the iceberg.
5. McCrann and Oakes – worlds apart on AWAs
By Stephen Mayne
Rupert Murdoch is visiting Australia for an "operational visit" and Nicole Kidman's wedding, so his loyal troops will be on edge for the next few days trying to impress the Sun King with their dedication to all that he believes in.
A senior journalist at The Australian told me last year that the paper has an editor for the people, Michael Stutchbury, and an editor-in-chief in Chris Mitchell who specifically shapes the paper to comply with Rupert's agenda. This might explain The Australian's feral attacks on Kim Beazley for vowing to abolish AWAs – something that News Ltd has embraced more than any other Australian company but still not disclosed in any of its coverage.
Andrew Bolt and Terry "His Master's Voice" McCrann joined the fray in the Herald Sun today and Rupert would have been mightily impressed with these lines from McCrann:
The resources industry is the goose that lays Australia's golden egg. Kim Beazley is prepared to slaughter it – mindlessly, cynically, and almost casually irresponsibly. Let there be absolutely no mistake. If Labor won the next election and if it delivered on its promise to abolish AWAs, it would seriously hurt every single current and future Australian.McCrann went on to talk about "mass destruction of jobs", "devastating consequences" before asking the profound question: "Do we sincerely want to be the next Romania or Argentina?" We haven't had this sort of hyperbole since 2004 when McCrann declared News Corp's abandonment of Australia was "a great and exciting day for Rupert Murdoch and all the family" and "an important day for Australia, for all Australians".
Anyone watching ABC TV will find it groaning beneath the weight of waffle, of programming as culturally and ideologically confrontational as The Wiggles, with shows about canines, collecting and cooking, The New Inventors and The Einstein Factor and celeb interviews by Peter Thompson and Andrew Denton. Apart from some raspberry blowing from The Chaser team and the occasional grilling from Four Corners or Red Kerry, it is an ABC not Marxist but mindless.Purists have long decried any mindless pursuit of ratings by Aunty but that has arguably been the approach at ABC local radio in recent years which now has rock stars like Red Symons and the man who used to do Steve Vizard's Friday shift on Tonight Live, Richard Stubbs, plying their stuff in Melbourne and comedians like Adam Spencer doing the breakfast shift in Sydney.
Mitchell's key conclusion is that FTA TV and radio — especially TV — are under significant threat from new media and will have to find new revenue streams. His worst case forecast is for the three commercial networks to go from a pre-tax profit of $600 million this year to a loss of $600 million in 2014. "This would clearly be unsustainable and the commercial FTA television industry would be decimated," he says.Read the full Mitchell & Partners submission for yourself here. Given that Harold has a big internet play running through his family's 36% owned Emitch, which is now capitalised at $151 million, it is not surprising that he is fully signed up to the internet revolution.
Mitchell's more likely model is: TV audiences continue to decline by 1.5% a year, reducing revenue growth from 6% to 4.5%. Pre-tax profit of the networks dips to $250 million in 2014. Still a bit decimated, I'd say.
In his introduction, Mitchell makes an interesting point about the impact of the internet on journalism: "There is little published in the traditional media that can't be found on the net. On the other hand, there are many news stories that can only be found on the net."
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