Morrison puts Ita in ABC’s hot seat

Original article by Rosie Lewis, Greg Brown
The Australian – Page: 3 : 27-Feb-19

Senior federal government sources have confirmed that media industry veteran Ita Buttrose will succeed Justin Milne as the ABC’s chair. Cabinet is said to have approved her appointment and a formal announcement is likely within days. However, Labor leader Bill Shorten has accused the government of bungling the succession process, arguing that Buttrose was not on a shortlist of candidates for the role.

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Buttrose wins backing for top ABC job

Original article by Lilly Vitorovich, Greg Bright
The Australian – Page: 3 : 26-Feb-19

Prime Minister Scott Morrison says cabinet has yet to discuss the appointment of a successor to former ABC chairman Justin Milne. Amid growing speculation that media industry veteran Ita Buttrose will be given the role, some observers believe that her appointment would be inappropriate as she was not on the short-list compiled by Korn Ferry or considered by the independent nomination panel. However, former ABC chairman Donald McDonald is among those who believe that Buttrose would be a good choice for the role.

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Letter in response to ‘Tribal warfare saps our energy’ by Paul Kelly

Paul Kelly writes of middle-class climate moralism (Weekend Australian 23/2/10). I am a geologist and therefore a scientist; I am on a pension supplemented by a reverse mortgage. I am a conservative voter and might be ‘middle-class’.

My messages to the ‘middle class’ are these. Assuming that many of you are not scientists, do not trust the words of every scientist. Some say what they say because their continued salary and status depends on the support of global catastrophism.

Skeptical scientists are sacked because of their views, which is why many are self-employed or choose not to speak the real truth until they retire. You can believe that carbon dioxide is your friend, not your enemy, and is a non-polluting gas that is essential to all life on this planet.

It exists in our atmosphere in very small quantities, together with much larger quantities of water vapour, which is also a so-called ‘greenhouse gas’ that has zero negative consequences for our well-being.

Hundreds of factual data graphs from Antarctica to Iceland to Japan and to buoys in a channel in San Francisco Bay show NO global warming whatsoever for the past 50 years or more, so the push for emissions control and renewables is nothing more than a feel-good fad, albeit one which has the potential to crucify this nation economically.

If you want a grand future for your children, then do everything possible to return this country to what it once possessed – the lowest cost energy in the world, based on the blessings of fossil fuels.

Geoff Derrick
February 25, 2019

Buttrose poised to head the ABC

Original article by Kylar Loussikian, Bevan Shields, Jennifer Duke
The Age – Page: 1 : 25-Feb-19

Media industry veteran Ita Buttrose is tipped to succeed Justin Milne as the ABC’s chair. Communications Minister Mitch Fifield is expected to seek cabinet approval for her appointment in coming days, although a government spokesman has indicated that a decision has not yet been made. Buttrose has extensive experience in print and broadcast media, and she has held several directorships in the sector. She did not feature on an independent panel’s shortlist of candidates for the ABC role.

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Nine chief upbeat as digital lifts earnings

Original article by Lilly Vitorovich
The Australian – Page: 21 : 22-Feb-19

Nine Entertainment Company has posted a pro-forma net profit of $126m for the first half of 2018-19, which is five per cent higher than previously. EBITDA rose by six per cent to $252m, although revenue fell three per cent to $1.2bn. CEO Hugh Marks notes that broadcasting now accounts for 54 per cent of the group’s revenue, compared with 86 per cent prior to the merger with Fairfax Media. Nine’s shares closed 7.2 per cent higher at $1.57 on 21 February.

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Fairfax regional papers to be sold by mid-year

Original article by Lilly Vitorovich
The Australian – Page: 21 : 22-Feb-19

Nine Entertainment Company has advised that prospective buyers are undertaking due diligence on its Australian Community Media business, and a deal should be finalised by mid-2019. Formerly owned by Fairfax Media, ACM comprises more than 170 community and regional newspapers. Nine has also commenced the sale process for its New Zealand division, Stuff, as well as its events business.

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Seven slashes debt, looks to banks’ ad spend

Original article by Max Mason
The Australian Financial Review – Page: 23 : 20-Feb-19

Seven West Media has posted a 2018-19 interim underlying net profit of $91.8m, which is 7.8 per cent lower than previously. Revenue was 1.5 per cent lower at $797.4m. Seven has scaled back its full-year EBIT growth forecast to no more than five per cent at best. CEO Tim Worner says Seven was affected by the weaker advertising market, but he expects banks and insurers to increase their advertising expenditure in the wake of the Hayne royal commission. He adds that free-to-air TV is a compelling proposition for banks as they seek to rebuild trust in their brands.

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Australia Facing a Brick Wall of Blackouts by Jerry Ellis and Sir Rod Carnegie

19 February 2019

The Chairman of the Saltbush Club, Mr Jerry Ellis, today warned that Australia needs more reliable baseload power.

“With the population and the economy growing, but with electricity availability and reliability in decline, we are racing headlong into a brick wall of blackouts.

“Recession and disruption will probably follow, bringing to mind those memorable 1990 words of Paul Keating: ‘This is the recession we had to have’. Except in this case the recession will be self-inflicted.

“Much of my working life was in the steel industry in the 1970s and 1980s. It operated 24×7, with large numbers of electric motors requiring a continuous supply of low-cost electrical power. Un-planned interruptions were rare, but when they occurred they were very costly.

“Now we face the prospect of planned and unplanned loss of power due to the rundown of base-load power capacity. It must be a nightmare for today’s steelmakers and aluminium refineries facing this growing crisis.

“It is essential that Australia rebalances economic imperatives against populist ideas regarding the release of carbon dioxide to the atmosphere.

“A strong Australian economy is crucial to Australia’s welfare and will also make a valuable contribution to world prosperity.

“Australia produces a tiny proportion of the world’s carbon dioxide. Even total closure of our industry would have no detectable impact on carbon dioxide emissions or global climate.

“We urgently need new supplies of reliable energy from coal, gas, hydro or nuclear.”

Jerry Ellis was supported by Sir Rod Carnegie, former Managing Director, CEO and Chairman of CRA (Rio Tinto) who said:

“It is essential that Australia regains its reputation for cheap reliable electricity or we will lose our manufacturing and refining industries, returning only to our backbone industries of agriculture and mining”.


Jerry Ellis
Email: ellisann3@gmail.com

Jerry Ellis once managed Australia’s biggest steelworks at Port Kembla, and one of the world’s largest mining enterprises BHP minerals. He is a past Chairman of BHP and of Landcare.

Sir Rod Carnegie
PA Phone: 0419 329 700

Saltbush Club
Viv Forbes

Last weekend’s Roy Morgan ‘face-to-face poll’ shows: ALP 52.5%, L-NP 47.5%. L-NP jump 3% on 2PP after ALP vote to loosen border protection laws

An Australia-wide Roy Morgan face-to-face poll conducted over the weekend (February 16/17, 2019) with a cross-section of 851 Australian electors shows the ALP 52.5% cf. L-NP 47.5% on a two-party preferred basis.

This shows a 3% swing to the L-NP following the ALP’s decision to support a loosening of Australia’s border protection laws by backing a ‘Medivac Law’ allowing for the transfer of refugees and asylum seekers already on Manus Island or Nauru to Australia for medical reasons given the recommendation of two doctors. The Home Affairs Minister then has a right to reject the transfer however the Minister’s decision is itself subject to further review.

The L-NP primary vote is now 37% (up 2.5%) overtaking the ALP primary vote which has fallen 1.5% to 34.5%. Support for the Greens is down 1% to 11.5% while support for One Nation has increased 0.5% to 3.5%. Support for Clive Palmer’s UAP is unchanged at 1% while support for Independents/Others is down 0.5% to 12.5%.

Gary Morgan, Executive Chairman Roy Morgan, says:

“The results of last weekend’s Roy Morgan poll show the issue of border protection is a major strength for the L-NP however a lot can happen between now and when the Federal Election is due in May.”

Roy Morgan Poll, conducted February 16/17, 2019 – Australia-wide cross-section of 851 Australian electors.

Roy Morgan Poll, conducted February 2/3 & 9/10, 2019 – Australia-wide cross-section of 1,673 Australian electors.

Call for ABC to go back to basics

Original article by Nick Tabakoff, Andrew White
The Australian – Page: 24 & 26 : 18-Feb-19

The process for recruiting a successor to the ABC’s former MD Michelle Guthrie has begun, with newspaper advertisements stating that the successful candidate will need to be a ‘strong collaborative leader’. Contenders for the role are said to include acting MD David Anderson, the ABC’s head of news Gaven Morris, former Foxtel CEO Kim Williams and former SBS MD Michael Ebeid. A former ABC executive says Anderson would be regarded as a safe choice as he has been at the public broadcaster for a long time and is highly respected within the ABC.

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